Glassnode Shows Four Bitcoin (BTC) Support Levels You Shouldn’t Miss
Arman Shirinyan Bitcoin’s price has been under significant pressure, but Glassnode, a prominent blockchain analytics firm, suggests that there are four major support levels that Bitcoin traders should not overlook. According to Glassnode, the Bitcoin spot price is slightly above its 111-day moving average (DMA) and its 200-week moving average (WMA), providing a support area for the cryptocurrency.