Bitcoin’s On-Chain Roadmap Shows $111,000 – $143,000 As The Range To Watch
As Bitcoin (BTC) resumes recording new all-time highs (ATH), focus is back on key price levels that could provide investors with an idea about the next possible resistance levels that may see a sell-off in BTC. Fresh on-...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
As Bitcoin (BTC) resumes recording new all-time highs (ATH), focus is back on key price levels that could provide investors with an idea about the next possible resistance levels that may see a sell-off in BTC. Fresh on-chain data offers a map of BTC’s most important price levels.
Bitcoin May Face Resistance At These LevelsAccording to a CryptoQuant Quicktake post by contributor Crazzyblockk, the cost basis (Realized Price) of BTC Short-Term Holders (STH) provides a snapshot of important support and resistance zones.
Notably, the STH Realized Price highlights the aggregate price at which recent market participants acquired their BTC. This information can give analysts an idea about potential price levels that can influence investors’ behavior to either take profits or hold their positions.
Crazzyblockk highlighted multiple price levels that could function as potential profit-taking zones. For instance,
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