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Bitcoin Has Set Its Eyes on These Prices: It May Offer Buying and Profit Opportunities! - Coin Bulletin
As Bitcoin (BTC) price eyes strong support zones, analysts believe that this range may provide buying opportunities and potential gains.
CryptoQuant analyst states that the strong support zone for Bitcoin is between $65,000 and $71,000. This price range may offer potential buying opportunities and profit-making possibilities.
According to the CryptoQuant analyst, important support levels for Bitcoin have started to become clearer. The Active Realized Price is stated to be around 71,000 dollars by the CryptoQuant analyst, who emphasizes that this level is calculated excluding coins that have been inactive for a long time and is based on more recent market data. He states that this level represents a strong support area for Bitcoin.
In addition, the analyst states that a more accurate support prediction is made with the True Market Mean Price (Actual Market Average Price). The CryptoQuant analyst, who says that this price corresponds to around 65,000 dollars, predicts that this level is a critical support zone and that this range will see significant demand when the Bitcoin price shows a decline.
According to the CryptoQuant analyst, Bitcoin's current strong support zone presents buying opportunities. At this level, strong investors are expected to step in and open new positions. This could create a situation that increases potential profit opportunities.