Bitcoin Faces Sell-Off Risk if Unable to Break $66K, Says Glassnode Analyst

BTC0.47%
According to Glassnode chief research analyst CryptoVizArt, short-term holder cost distribution shows new chip accumulation in the $62,000–$65,000 range during Bitcoin's rebound from $57,000. The analyst identified $66,000 as a critical level: if Bitcoin successfully breaks above it, new buyer support could enable further upside; if not, the risk of a near-term local top increases.
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