Glassnode indicates that the battle for Bitcoin’s $100,000 price point is ongoing, raising questions about whether Bitcoin will rebound or continue its downward trend. Analysts are closely monitoring market movements as Bitcoin’s price fluctuates. The cryptocurrency’s performance has sparked discussions regarding its future trajectory and potential recovery. Investors are weighing their options as they navigate the current market landscape, which remains volatile and uncertain. The outcome of this price battle could significantly impact investor sentiment and trading strategies in the coming weeks.
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