Express

Data Shows that Bitcoin is Now Sitting on the Strongest Level of Support

Amy Liu

Summary: Crypto analysis company IntoTheBlock tweeted today the IOMAP indicator reveals that Bitcoin is now sitting on the strongest level of support.This level of on-chain support is located between $46,2k and $47,7k. Here, more than 1.66 million addresses previously acquired roughly 878 thousand BTC. By Amy Liu

Crypto analysis company IntoTheBlock tweeted today the IOMAP indicator reveals that Bitcoin is now sitting on the strongest level of support.This level of on-chain support is located between $46,2k and $47,7k. Here, more than 1.66 million addresses previously acquired roughly 878 thousand BTC.

By Amy Liu

Last Update:

Tags: ,
Link: Data Shows that Bitcoin is Now Sitting on the Strongest Level of Support   [Copy]
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 3 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 5 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 7 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 10 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 11 days ago
  • You need to login to comment.