CoinScoopGlassnode: Bitcoin May Retrace to $60,000 if $75,000 Support Fails
Glassnode reports that Bitcoin is currently facing supply pressure from long-term holders in the $83,000 to $85,000 range, despite continued accumulation. The $75,000 level is identified as a critical support, with a potential further decline to $60,000 if that level is breached.
Summaries are written by AI from the original article. Not investment advice.