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Bitcoin’s $80K Safety Net Held Once but Glassnode Says It Is Eroding

News.Bitcoin.com
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Bitcoin’s $80K Safety Net Held Once but Glassnode Says It Is Eroding

Big buyers caught bitcoin at $80,000 on Thursday, but Glassnode’s order book data shows the bids under that level are getting thinner. A Day on the Order Book Glassnode posted a heatmap of resting orders on the Binance BTC/USDT spot book from Oct. 15, and relayed the following message: The large bids that sat at […]

Key Takeaways

  1. Big buyers caught bitcoin at $80,000 on Thursday, but Glassnode’s order book data shows the bids under that level are getting thinner.
  2. A Day on the Order Book Glassnode posted a heatmap of resting orders on the Binance BTC/USDT spot book from Oct.
  3. 15, and relayed the following message: The large bids that sat at […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.