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.

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