Bitcoin Hits $100K Briefly Before Retracing: CBD Metric Reveals Key Levels ...Middle East

Multiple analyses have identified the most important Bitcoin levels to watch as investors anticipate the end of the ongoing retracement. Bitcoin (BTC) recently saw dramatic price action, briefly surpassing $100,000 before dropping to $92,000 and then stabilizing around $98,000. The volatility has prompted analyses to identify price levels likely to influence its trajectory in the coming weeks.   Key Bitcoin Accumulation and Liquidity Zones Market analytics firm Glassnode introduced its Cost Basis Distribution (CBD) metric, which analyzes Bitcoin supply while considering investors’ average cost basis. The chart shows major accumulation and distribution zones that could act as support or resi

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