A new analysis from CryptoQuant points to a critical development for Bitcoin, as the cryptocurrency slides below a historically essential on-chain support level. This influential mark identifies the average acquisition cost for investors holding between 10 to 10,000 BTC, who have actively moved their holdings within the past one to three months.
Continue Reading:The Struggle of Bitcoin: Navigating Below Crucial Support Levels
Source: https://en.bitcoinhaber.net/the-struggle-of-bitcoin-navigating-below-crucial-support-levels