📊 #Bitcoin Update: Fresh Accumulation Seen After Dip

Glassnode data reveals a new cost-basis cluster forming after Bitcoin dipped into the low-$80K region. This indicates fresh accumulation at these levels, as buyers step in to capture the dip.

This newly established zone has quickly become one of the densest areas on the BTC heatmap, suggesting it could act as a strong support level. Recent buyers are likely to defend this area, which could help stabilize BTC if the market tests these levels again.

For traders and investors, this cluster may represent a key level to watch for potential accumulation or support in the short to mid-term.

#Bitcoin #BTC #CryptoInsights #Glassnode #CryptoAnalysis #HODL

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