Viewpoint: Bitcoin Reclaims Support Level, Market Momentum Poised to Build Up Again

BlockBeats News, October 20th, glassnode reported that Bitcoin has once again risen above the 0.85 cost benchmark range, turning this key risk area back into a support level. If buyers are able to hold this range, market momentum is expected to build up again; however, if it is lost once more, the market is likely to retest lower levels. This is a key area to closely monitor.