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Glassnode: Bitcoin's Current Support and Resistance Levels are $100,600 and $108,500 Respectively

Summary: According to reports, Glassnode analysis shows that Bitcoin is currently trading at around $104,000, within the cost percentile range of 0.85 and 0.75 (i.e. $108,500 / $100,600). These levels historically serve as support and resistance ranges, and breaking through either side could likely determine the next directional trend.

According to reports, Glassnode analysis shows that Bitcoin is currently trading at around $104,000, within the cost percentile range of 0.85 and 0.75 (i.e. $108,500 / $100,600). These levels historically serve as support and resistance ranges, and breaking through either side could likely determine the next directional trend.

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Link: Glassnode: Bitcoin's Current Support and Resistance Levels are $100,600 and $108,500 Respectively   [Copy]
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