Leading cryptocurrency analysis firms Glassnode and GreeksLive have provided their latest insights on Bitcoin's price action. GreeksLive highlights the crucial support level of $82,000 for Bitcoin to maintain its upward momentum on higher time frames. The recent 17% drop in Bitcoin has sparked concerns among the crypto community, leading to discussions about whether it indicates a larger market correction. Glassnode has identified a key resistance zone at $96,000 to $98,000, where strong accumulation and a concentrated supply cluster could act as significant resistance if revisited. The market could experience choppy price action and potentially retest the $88,000 level before the next major move.



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