Analysis: If BTC price breaks through $116,000, it could revive the upward trend
2025-09-04 08:04:59
According to the chart released by Glassnode, Bitcoin is currently consolidating in the 104,000 - 116,000 US dollar range, and investors are showing obvious characteristics of attracting funds. The data of future market and ETF fund flow shows that demand has cooled. The analysis pointed out that if the price can break through the 116,000 US dollar resistance level, it may restart the upward trend; but if it falls below 116,000 US dollars, there is a risk of pullback to the 93,000 - 95,000 US dollar range.
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