Bitcoin Closes In On $90,000—Here’s How Path Ahead Looks Based On On-Chain Data

Bitcoin Closes In On $90,000—Here’s How Path Ahead Looks Based On On-Chain Data


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The market intelligence platform IntoTheBlock has revealed how the Bitcoin resistance ahead is currently looking, based on on-chain data.

Bitcoin Could Have An Easier Time Past $90,000 In Terms Of Resistance

Trending: Sen. Banks Fries Rep. Bacon After Hegseth Attack: ‘Deciding Vote … to Keep DEI in Military’

In a new post on X, the market intelligence platform IntoTheBlock has talked about how the on-chain cost basis map is looking for Bitcoin. Below is the chart shared by the analytics firm, showing the trend in the amount of supply that was acquired in the different price ranges BTC has been to.

Looks like BTC doesn’t have any large dots immediately ahead of it at the moment | Source: IntoTheBlock on X

In the graph, the size of

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!