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Category Bitcoin Supply Wall

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Bitcoin Unable To Break Upward As 1.6 Million BTC Resistance Wall Blocks Path

Bitcoin Unable To Break Upward As 1.6 Million BTC Resistance Wall Blocks Path

On-chain data shows the presence of a massive Bitcoin supply wall around the $97,200 level, something that could impede BTC’s advances beyond the m...
Feb, 13, 2025
2 min read
by NewsBTC
Bitcoin Safe From Drops Under $60,300? On-Chain Data Says So

Bitcoin Safe From Drops Under $60,300? On-Chain Data Says So

On-chain data shows Bitcoin currently has a thick supply wall between the $60,300 and $62,155 levels that may prevent the asset from falling lower....
Mar, 01, 2024
2 min read
by NewsBTC
$47,600 Or $38,600? What Could Be Next For Bitcoin

$47,600 Or $38,600? What Could Be Next For Bitcoin

An analyst has pointed out two demand zones that could be important for Bitcoin. Here’s what could be next for BTC based on these supply walls. Bit...
Jan, 01, 2024
2 min read
by NewsBTC