Viewpoint: If Bitcoin Holds Above $11,690 Buyer Cost Price Short-Term Top, It Could Regain Upside Momentum

By: theblockbeats.news|2025/08/07 20:02:02

BlockBeats News, August 7th, Glassnode stated in a post that Bitcoin (BTC) is currently striving to reclaim the short-term top buyers' cost price (around $11.69k). If it continues to stay below this level, the market is more likely to enter a long consolidation phase or further pull back to the $11k price range.

According to HTX market data, Bitcoin is currently trading at $11.68k with a 24-hour gain of 2.45%.

-- Price

11 employees, who have never written a single PPT, do not use AI to write core code, and do not take a penny of venture capital, yet created a profit of 900 million dollars within a year and airdropped hundreds of billions in wealth to users. This is a story about how he built the blockchain and cry...

SaaS Churn | Rewire Daily News

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