The IOMAP cohorts reveal that the most significant support wall underneath Bitcoin lies between $41,830 and $43,000. Roughly 760,000 addresses are holding nearly 430,000 BTC around this price level.
Slicing through this demand zone could result in a downswing to $39,000 as there is no other interest area that could keep falling prices at bay.
Slicing through this demand zone could result in a downswing to $39,000 as there is no other interest area that could keep falling prices at bay.