Bitcoin Market at a Crossroads: What are the Critical Support Levels? Glassnode Analysis

Cryptocurrency analytics firm Glassnode released its weekly market report on the 11th, analyzing whether Bitcoin (BTC) can recover and sustain the $114,000 level, which would be key to restoring confidence and attracting new capital inflows. If it fails to do so, there is a risk that it will become a new stressor for short-term holders, with $108,000 and eventually $93,000 becoming critical support levels. Bitcoin is currently moving in a thinly traded zone between $110,000 and $116,000, supported by buying on dips starting from $107,000...