menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Bitcoin Ma...
source image

Coindoo

1d

read

292

img
dot

Image Credit: Coindoo

Bitcoin Markets Show Strong Spot Demand

  • Bitcoin markets have shown strong spot demand with noticeable sideways accumulation phases before significant moves higher.
  • The Cost Basis Distribution heatmap reveals accumulation regimes forming ahead of each leg up, indicating a buildup of demand and strong buying pressure.
  • A key accumulation zone between $93k and $95k has emerged over the last 30 days, serving as critical support levels and reinforcing bullish momentum.
  • This information underscores the confidence and buying interest in the market, with potential areas of support identified for investors.

Read Full Article

like

17 Likes

For uninterrupted reading, download the app