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Glassnode: If Bitcoin falls below $75,000, it could pull back further to $60,000

Source: x.com
Glassnode indicates that Bitcoin is currently constrained by supply pressure from long-term holders near the $83,000 to $85,000 range. However, investors continue to accumulate Bitcoin in this zone. If the price breaks below this newly formed concentration zone, $75,000 will become a key level to watch; a further decline could result in a pullback toward $60,000.

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