Will the Demand Zone Block the Drop in Bitcoin? What’s the Next Stage?

While Bitcoin has been falling for the last few days, eyes were turned to the last demand regions before the $ 25,480 level.

Data from the on-chain analytics platform IntoTheBlock, approx. 1.28 million Bitcoin wallet 27,980 dollars and 27,100 between dollar levels 12.6 million worth a dollar 458 BTC He said he bought it. between relevant levels. investor behavior between these levels the region One demand zone aspect that you can describe underlined.

Data, demand zone in case of passing downward of a move 25,480 at dollar levels can be retested pointed. Also, in the region fulfillment of sales in case of a correction with The upward movement may continue. was among the details discussed.

On the other hand, the upward movement 29,600 dollar level as an important level of change. in view is kept. from the relevant level 3.37 million Bitcoin wallet 47.5 billion worth a dollar 1.72 million While it is noted that it has BTC, the price to 29,600 again to reach in case of sales to be met since the beginning of the year on the rise a decisive you can play a role underlined.

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