Crypto analyst Ali said on social platform X that Bitcoin is currently facing a key price resistance level. Ali emphasized that the Short-Term Holder Realized Price is currently around $63,250, a level that BTC has struggled to break through since June 22.
Ali explained that in a downtrend, this price level tends to act as resistance because short-term holders are more inclined to sell when the price falls below the entry point. Analysts warn that the market could face continued selling pressure until BTC reconverts this area into support.
Analysis: Bitcoin has not yet broken through key resistance levels, short-term holder behavior or determined movement
2024-09-01 13:48:09
Crypto analyst ali social platforms representation bitcoin current facingdesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
分析：比特币尚未突破关键阻力位，短期持有者行为或决定走势Next article：
约5分钟前7万枚ETH从Arbitrum转至未知钱包
