Glassnode Report: Can the Bitcoin Market Recovery Survive the $69K Test?

TLDR Bitcoin outperformed major equity indices for a second week despite higher oil prices and Iran-related tensions. Glassnode identified the $69,000 Short-Term Holder Cost Basis as Bitcoin’s key resistance level. A major demand zone near $63,000 continues to provide strong support below the current price. US spot Bitcoin ETF flows turned positive after sustained redemptions [...]

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