Bitcoin Buyers Eyeing Crucial $63K Support Level
The $63,000 zone is emerging as a crucial battleground for Bitcoin buyers, according to Glassnode.
The analytics firm notes that this price level has been acting as a key support and resistance area for BTC.
Glassnode's analysis suggests that the $63,000 zone has been particularly relevant in recent weeks, with several attempts by the cryptocurrency to break above it unsuccessful so far.