Bitcoin's Potential Rebound and Resistance Levels at $65K: OnChain Analysis Insights

Monday, 1 July 2024, 06:45

Discover the latest OnChain analysis revealing potential resistance at $65K for Bitcoin's price rebound. Short-term holders may trigger a sell-off near this level, impacting the cryptocurrency's upward momentum.
CoinDesk
Bitcoin's Potential Rebound and Resistance Levels at $65K: OnChain Analysis Insights

Bitcoin Price Forecast: Key Resistance at $65K

According to the latest OnChain analysis, Bitcoin's price rebound may face significant resistance at $65K.

Short-term Holders' Impact

  • Resistance Level: $65,000
  • Sell-off Risk: Near the resistance level
  • Impact: Capping the price upswing

Stay informed on the potential challenges Bitcoin may face in reaching new highs.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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