Bitcoin’s $62,000 to $65,000 range is one of the strongest cost-basis zones on the market, with around 1.79 million $BTC last moved within this range.
The large concentration of coins makes the area an important level for Bitcoin’s price structure.
With BTC trading above this zone, $62K to $65K could now act as key support if the market pulls back.
If Bitcoin holds well above it, the range could provide a stronger base for the next move higher.
#BTC Price Analysis# #BTC Correction Incoming?#
The large concentration of coins makes the area an important level for Bitcoin’s price structure.
With BTC trading above this zone, $62K to $65K could now act as key support if the market pulls back.
If Bitcoin holds well above it, the range could provide a stronger base for the next move higher.
#BTC Price Analysis# #BTC Correction Incoming?#
