Bitcoin must hold $92.5k amid accumulation phase reminiscent of May 2021

Bitcoin (BTC) is on the verge of a decisive market juncture and must hold above $92,500 to maintain bullish momentum, according to a recent report by Glassnode. The report highlighted parallels bet...

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Bitcoin must hold $92.5k amid accumulation phase reminiscent of May 2021

Source: CryptoSlate

Bitcoin (BTC) is on the verge of a decisive market juncture and must hold above $92,500 to maintain bullish momentum, according to a recent report by Glassnode. The report highlighted parallels between the current price structure and previous cycle peaks, raising concerns about potential downside risks should buying pressure wane. Supply conditions and historical patterns […]