Bitcoin Supply Overhang Likely To Cap Rallies Above $98,400, Glassnode Says
On-chain analytics firm Glassnode has pointed out in a new report how Bitcoin is facing supply overhang beyond the $98,000 region. Bitcoin Could Find Resistance Beyond $98,000 In its latest weekly short-term holders (STHs). The “Realized Price” is an on-chain metric that tracks the cost basis of the average investor or address on the BTC… Continue reading Bitcoin Supply Overhang Likely To Cap Rallies Above $98,400, Glassnode Says