Bitcoin trades in a tight demand zone that formed in 2024, but previous bear market data suggest the channel will break and lead to new lows.
‘Resilient' Bitcoin holders defend BTC, but bear floor sits 20% lower: Glassnode
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AI INSIGHT
Glassnode says resilient Bitcoin holders are defending BTC inside a tight demand zone formed in 2024; its analysis of prior bear markets suggests the channel will break and a bear floor sits about 20% lower.
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