Murphy: Bitcoin faces triple resistance at $82000

--

Analyst Murphy stated that Bitcoin is facing triple resistance at $82000, including short-term holder profit taking, long-term holder unwinding, and whale selling pressure. Short term holders' chips are distributed between 59000 and 81000 US dollars, and exceeding 82000 US dollars will trigger profit selling pressure. Long term holders with chips concentrated between $81000 and $82000 will choose to exit when the price approaches breakeven. The group of whales holding over 100000 BTC is concentrated between $78000 and $82000, except for those around $40000.

Loading...