Glassnode: Bitcoin finds support around $74,000

On April 7, Glassnode posted on social media, stating, “Currently, BTC seems to be finding support around $74,000. This aligns with the first major supply block below $80,000, where there are over 50,000 BTC at $74,200. This price level is primarily held by investors who have been active in the past five months, continuously increasing their cost basis before March 10, after which these investors have remained dormant.”

BTC-4,87%
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