CryptoQuant Head of Research: If Bitcoin fails to quickly rebound above $112,000, the next support level will be around $100,000.
According to ChainCatcher, CryptoQuant Head of Research Julio Moreno stated on social media that from a short-term valuation perspective, if bitcoin fails to quickly reclaim the $112,000 mark, the next downside support will be around $100,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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