glassnode: The key resistance zone for Bitcoin is $117,000.

2025-09-18 11:06:23

On September 18, according to glassnode data, the CBD (Cost Basis Distribution) heatmap for Bitcoin shows that supply is concentrated around $117,000, forming a key resistance zone. A breakout above this level may open the channel for further supply reduction, while failure to break through could prolong consolidation or trigger a pullback.

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