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MCap $2.6T +0.5%24h Vol $92.7B +1.3%Fear & Greed 50/100Alts Index 37/100
BTC.D 58.5% +0.1%Stable.D 10.1% 0%ETH.D 11.3% 0%Others.D 20.1% -0.1%
DRV$0.1748+25.23%CASHCAT$0.1975+24.99%HNT$0.4777+21.3%MARSCOIN$0.1151+16.84%USELESS$0.2734+15.08%NEAR$2.707+14.57%ZEC$1,360.10+14.32%VVV$24.953+13.84%LIT$4.793+11.81%TRAC$0.3446+11.73%
AI$0.2684-16.48%STONK$0.1705-13.09%STABLE$0.0240-11.04%牛来$0.1078-9.28%LSK$0.4912-5.21%ZCAT$0.1006-4.71%SKY$0.0572-3.79%PI$0.0833-3.77%APEPE$0.00000117-3.46%XMR$495.42-2.59%
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      Analyst: Bitcoin's Volatility Range Narrows Between 'Active Supply Support' and 'Capital Break-Even Resistance'

      PANews, September 17 – CryptoQuant analyst Darkfost noted in a post that Bitcoin's trading range is narrowing between the "active supply support level" and the "capital breakeven resistance level." The support level is approximately $71,300. During the late stage of the 2023 bear market, this price level was tested twice before the current cycle officially began. The resistance level is approximately $79,800. Looking back at 2023, BTC faced resistance twice when approaching the realized capital cost basis range before finally starting a new cycle; this is quite similar to the current market situation observed.


      Source: PANews
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