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Data: Bitcoin’s key resistance zone is $117,000

Source: ChainCatcher
According to ChainCatcher, according to glassnode data, Bitcoin’s CBD (Cost Basis Distribution) heat map shows that the supply is concentrated at around 117,000 US dollars, forming a key resistance zone. Breakthroughs through this level may open a channel for further reduction in supply, and if it fails to break through, it may extend consolidation or trigger a callback.
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