"Bitcoin (BTC) Forms Major Demand Zone at $98,732"

JH Kim

Summary

Analyst Ali Martinez reported that Bitcoin is forming a major demand zone at $98,732.
It was found that 1.19 million addresses purchased 1 million BTC in that zone.
BTC is trading at $104,040.89, up 0.79% based on the Binance Tether market.

Virtual asset (cryptocurrency) analyst and trader Ali Martinez stated on the 15th (local time) via X (formerly Twitter) that "Bitcoin (BTC) has formed a major demand zone at $98,732," adding that "1.19 million addresses purchased 1 million BTC in that zone."

Meanwhile, BTC is trading at $104,040.89, up 0.79% from the previous day, based on the Binance Tether (USDT) market as of 12:57 AM on the 17th.

BTC

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

"Bitcoin (BTC) Forms Major Demand Zone at $98,732"

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