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Glassnode Report: Bitcoin Finds Strong Support at $117,000 with Robust Buying Momentum

Glassnode Report: Bitcoin Finds Strong Support at $117,000 with Robust Buying Momentum

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ChaincatcherChaincatcher2025/07/28 08:44

According to ChainCatcher, citing the latest report from on-chain data analytics platform Glassnode, the $117,000 price level for Bitcoin continues to attract strong buying interest, with approximately 73,000 BTC currently held at this cost basis. Each market pullback has been steadily absorbed by investors, indicating robust buying power within this price range.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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