Glassnode: The current two key price thresholds for BTC are $114,800 and $83,200

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PANews
06-07
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PANews reported on June 7 that the on-chain analysis platform glassnode posted on X platform, stating that due to the recent transfer price of BTC being close to historical highs, the short-term holder cost basis provides key insights, with the current basis price at $97,100. Additionally, the two key price thresholds for Bitcoin based on the standard deviation range are $114,800 (+1σ) and $83,200 (-1σ), and breaking through or falling below this range may determine the next major market trend.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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