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Glassnode: Bitcoin Costly Area at $96,000 to $98,000 May Act as Strong Resistance

BlockBeats News, February 28th, Glassnode posted on social media stating, "Between the end of December 2024 and February 2025, a strong accumulation in the $96,000 to $98,000 range occurred.


While some addresses in this price range are redistributing their BTC, this supply cluster remains very dense—if we revisit this level, it could potentially serve as a strong resistance level."

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