Glassnode reports a notable influx of large buy orders for Bitcoin at the $80,000 level, which coincides with the 50-day moving average. Subsequently, bullish traders actively placed substantial buy bids. Buy order activity continued throughout the day. The short-term outlook suggests that the large bids at $80,000, which had been in place over the past week, have been filled, and that new significant bids have emerged, contributing to steady upward momentum in the price.
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