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Galaxy Research Director: Bitcoin may retest the $75,000 to $85,000 range, support at $81,600
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4 hours ago 6,069
Golden Finance reported that Galaxy research director Alex Thorn said, “Based on the last supply (URPD) analysis from Bitcoin by price, there are almost no transactions in the $75,000 range to $85,000 range because the price quickly broke through the range in November. The market may want to test this range. The 200-day moving average (MA) is $81,600, which may provide support if the price backtests the range."
Keywords: Bitcoin
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