Post
Miya_Rose
The 85,000 Test for Bitcoin
Bitcoin fell below 85,000 dollars,
everyone is looking for the reason.
I suspect the question is being asked wrong.
The most popular explanation in the market right now is:
a large group of people have cost bases around 84,000-85,000, so there is support here; breaking below is dangerous.
This sentence can be read in reverse.
What does a concentration of cost bases mean?
$BTC #BTCETFInflowsHit1YHigh
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