CryptoBearishNewsBTC · 4h ago6/10
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Bitcoin Rejected At Key Cost Basis Zone—Is $68,000 The Next Support?
Bitcoin faced rejection at a critical resistance zone around $78,000-$79,000 marked by the True Market Mean and Short-Term Holder Cost Basis, triggering profit-taking among new investors. On-chain analysis from Glassnode suggests the next major support level sits at $68,000, representing the -1 standard deviation of the STH Cost Basis.
$BTC$DOGE🧠 DALL E