Analysis: Bitcoin's current support level is above $60,000, with resistance near $80,000.
TechFlame
2026-02-06 14:42
TechFlame2026-02-06 14:42
English
TechFlame reports that Chris Beamish, an analyst at Glassnode, stated that the Bitcoin long-term holder cost basis heatmap reveals a dense support level above $60,000, where long-term holders are highly concentrated. Further up, around $80,000, there is a dense supply concentration, forming a key resistance level. This range defines the current supply-demand competitive landscape.