Bitcoin at $53k is the most significant on-chain support since $11kAt the $53k price zone, Bitcoin maintains a $1 Trillion market capBitcoin miners have returned to accumulating BTCBitcoin held by OTC desks has been dropping and confirms demand by large buyersThe team at Glassnode has released their weekly On-Chain report. In this week’s edition, they highlight BTC’s $53,475 … [Read more...] about Bitcoin’s $53k is the Most Significant On-Chain Support Since $11k
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$47k showed strongest on-chain support since BTC broke $11k
On-chain crypto analytics firm Glassnode has reported significant on-chain support was found for BTC at the roughly $47,000 level, describing the event as the largest on-chain support identified since Bitcoin broke above $11,000 in late 2020.According to a March 8 report from Glassnode, approximately 1.2 million Bitcoin were moved on-chain as BTC’s price traded between $45,500 … [Read more...] about $47k showed strongest on-chain support since BTC broke $11k