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glassnode: Next BTC Resistance Level at $117,000, Significant On-Chain Activity in the $110,000 to $114,000 Range
BlockBeats News, September 12th, according to glassnode data, Bitcoin's cost basis distribution shows a dense support level in the $110,000 to $114,000 range, where a significant supply has been accumulated.
The next major supply area is located near $117,000, which may act as resistance.
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