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Bitcoin Price Action Confuses Investors, Watch Out This Support

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Currently, Bitcoin is facing some downward selling pressure and facing difficulties to hold above the $30,000 level. citing on-chain data from Glassnode, popular crypto analyst Ali Martinez reported that around 1.72 million BTC were last transferred within the price range of $29,500 to $30,200. This range is considered a significant area of resistance. advertisement Keep an eye on this range, as it might turn into a support level. If that happens, we can expect exciting and positive price movements! # Bitcoin | On-chain data shows that 1.72 million $BTC last moved within the $29,500 – $30,200 price bucket, representing a significant area of resisitance. Wait until it becomes support and expect fireworks when it does! pic.twitter.com/vhlKVh3wsg Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...