Bitcoin 
$68,156While the price of (BTC) consolidated at a level close to its previous historical peak, the transactions made at this level reached remarkable dimensions. Crypto data provider IntoTheBlockAccording to the latest data of , more than 320 thousand active addresses are trading in this price range. In particular, it was determined that the average purchase price of 220 thousand addresses was 68 thousand 500 dollars. This suggests that the $68,500 level is receiving strong interest and potential support could form at this level.
Critical Support Point for Bitcoin is $68,500
According to the data, the $68,500 level may become an important threshold for Bitcoin. This price level not only represents a historical resistance point, but also stands out as an area with a significant buyer base.
The fact that 220 thousand addresses purchased Bitcoin at this level increases the possibility of the price holding at this point. Traders appear to regard this level as a critical support line.
The fact that such a large investor group is trading at this price level strengthens the potential to find buyers even when the market drops below 68 thousand 500 dollars. Therefore, this price level is the biggest cryptocurrencyIt can have a decisive impact on the next direction of the It is a matter of great curiosity how the market will react if the price falls below 68 thousand 500 dollars.
Investors Are Watching BTC’s Price Closely
BTCThe movement in the price attracts the attention of investors. At the time of writing, the largest cryptocurrency was trading at $68,514 with an increase of 0.21 percent in the last 24 hours. Data reveals that Bitcoin has gained 6.05 percent in value in the last 7 days.
The fact that large address groups are concentrated at the level of 68 thousand 500 dollars suggests that this threshold may be approaching a turning point in the market. At this price level, buyer interest may create a new recovery opportunity even if the price falls below this level.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
