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Benzinga
Benzinga
Business
Murtuza J Merchant

BIZARRE: Bitcoin drops below 109 000 hold here or face 95 000 glassnode warns - You Need To See This

Bitcoin,Gold,Coin,And,Defocused,Chart,Background.

Bitcoin (CRYPTO: BTC) risks a deeper retracement toward $93,000–$95,000 if it loses critical support near $107,000–$108,900, according to Glassnode's latest on-chain analysis.

The cryptocurrency is currently trading around $108,800 after pulling back from its $124,000 all-time high.

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