Altcoins Outperform as Sentiment Improves; Bitcoin Within ‘Value Zone’

Altcoins Outperform as Sentiment Improves; Bitcoin Within ‘Value Zone’

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A large amount of bitcoin supply has been accumulated between the $38,000 and $45,000 price range, according to blockchain data compiled by Glassnode. Typically, price “value” zones, areas with a large amount of trading activity, precede strong breakouts or breakdowns in price.

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