The last major demand zone sits around $89K-$87K, where a significant number of investors hold their cost basis. Below this, the next major support isn't until $71K-$72K, meaning there’s a thin liquidity zone where bears could take control.
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📊 $#BTC Cost Basis Distribution Update!
The last major demand zone sits around $89K-$87K, where a significant number of investors hold their cost basis. Below this, the next major support isn't until $71K-$72K, meaning there’s a thin liquidity zone where bears could take control.
If $BTC loses this crucial level, we could see accelerated downside movement with weaker support in between. Stay cautious and watch these key levels!
#Crypto Market Pullback #New Coins in Focus