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.' These indicators include the acquisition cost of long-term holders, the futures market liquidation map (a chart showing price ranges where forced liquidations are concentrated), and the breakeven point for U.S. spot Bitcoin ETFs. All of these indicators suggest the same resistance price range, which has yet to be tested...
