Viewpoint: Bitcoin has re-established its support level, and market momentum is expected to build up again.

On October 20, Glassnode stated that Bitcoin has once again risen above the 0.85 cost benchmark range, turning this key risk area back into a support level. If buyers can hold this range, market momentum is expected to accumulate here; however, if it fails again, the market is likely to revisit lower levels. This is a key area worth closely following.

BTC3.14%
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