What is Bitcoin's Next Support Zone? CryptoQuant Analysis

2026/02/05 12:42 (Updated 2026/02/05 13:01)

CoinPost

Written by A.Yamada

What is Bitcoin's Next Support Zone? CryptoQuant Analysis

Bitcoin Breaks Below Support Line

On-chain analysis firm CryptoQuant released its weekly market report on the 4th, indicating that Bitcoin (BTC) has breached a key support line and may now be targeting the range between $70,000 and $60,000.

Bitcoin has been rejected three times at its on-chain realized price, which serves as a major on-chain support and resistance zone. It has recently fallen below the lower band that had been acting as support during the bullish market.

It is suggested that Bitcoin may be targeting the next major support zone between $70,000 and $60,000...

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