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Bitcoin’s resilience at $37k backed by strong accumulation trend Bitcoin’s resilience at $37k backed by strong accumulation trend

Bitcoin’s resilience at $37k backed by strong accumulation trend

with insights from Glassnode

Bitcoin holders expand their grip amid market recovery.

Bitcoin’s resilience at $37k backed by strong accumulation trend

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Bitcoin seems to have established solid support at the $37k level, demonstrated by its swift recovery following a dip to $35,000 upon news about Binance’s SEC fine. While this rebound represents a 122% increase since the beginning of the year, there has been relatively minimal distribution of BTC during this period. A closer examination of […]