Glassnode Weights Bitcoin Cost Bases to Map Nearby Support and Resistance

2 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$BTC

$83,583

+1.0%

$ETH

$2,465

+1.2%

The method scales distance from spot by 30-day price volatility. Historical tests found a significant relationship between Proximity Premium and returns for Bitcoin and Ether.