According to the latest weekly report released by on-chain analytics firm Glassnode on the 9th, Bitcoin (BTC) is solidifying its lower support while three indicators collectively point to the same 'ceiling.' The acquisition cost for long-term holders, the futures market liquidation map (a chart indicating price ranges where forced liquidations are concentrated), and the breakeven point for U.S. spot Bitcoin ETFs all suggest the same resistance level. This price range has yet to be tested...
