Bitcoin rally shows room to run toward $130,000 before demand cools off

Bitcoin’s (BTC) move into new all-time highs leaves statistical room for it to reach $130,000 before historical demand exhaustion zones, according to a July 16 report by Glassnode. Bitcoin broke ou...

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Bitcoin rally shows room to run toward $130,000 before demand cools off

Source: CryptoSlate

Bitcoin’s (BTC) move into new all-time highs leaves statistical room for it to reach $130,000 before historical demand exhaustion zones, according to a July 16 report by Glassnode. Bitcoin broke out of a multi-week range of $100,000 to $110,000 and printed a new high near $122,000, clearing dense cost-basis clusters where buyers had concentrated between […]