BlockBeats News, on February 26, Galaxy research director Alex Thorn stated, 'According to the analysis of the supply (URPD) transferred from BTC at the last price, there is almost no trading in the range of $75,000 to $85,000, as the price quickly broke through this range in November, and the market may want to test this range. The 200-day Moving Average (MA) is $81,600, which may provide support if the price retraces to this range.'
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Galaxy research director: BTC may retest the range of $75,000 to $85,000, with the support level at $81,600
BlockBeats News, on February 26, Galaxy research director Alex Thorn stated, 'According to the analysis of the supply (URPD) transferred from BTC at the last price, there is almost no trading in the range of $75,000 to $85,000, as the price quickly broke through this range in November, and the market may want to test this range. The 200-day Moving Average (MA) is $81,600, which may provide support if the price retraces to this range.'