Glassnode: Bitcoin Forms Important Support in $975-$99,000 Range, Costs Short-Term Holders Around $92,000
Bitget2025/02/05 19:26
Analysis shows that the $975-$99,000 range is forming a significant support level, well above the short-term cost basis for holders (~$92,000). Should the price fall below $975,000, unrealized losses would increase significantly, potentially exacerbating downside risks.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Fed official Goolsbee: don't ignore risk of tariffs pushing up inflation
Bitget•2025/02/05 22:48
The probability that the Fed will leave interest rates unchanged in March is 83.5 percent
Bitget•2025/02/05 22:47
ETH breaks through $2,800
Bitget•2025/02/05 22:47
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
Bitcoin
BTC
$96,512.03
-1.18%
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
Ethereum
ETH
$2,767.48
+3.17%
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
Tether USDt
USDT
$1.0000
-0.03%
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
XRP
XRP
$2.38
-5.38%
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
Solana
SOL
$196.09
-4.45%
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
BNB
BNB
$567.35
+0.03%
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
USDC
USDC
$0.9999
+0.01%
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
Dogecoin
DOGE
$0.2548
-2.64%
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
Cardano
ADA
$0.7304
-1.21%
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)
TRON
TRX
$0.2218
-0.60%
Bitget pre-market
Buy or sell coins before they are listed, including PLUME, J, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now