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glassnode: Bitcoin is currently in a range-bound state, and if it breaks above $114,100, it may see further upside towards $118,000.

5 hours ago

September 10th, glassnode put out a market insight indicating that Bitcoin is in a state within a certain range. During the consolidation period, when the price is below $111,100, Bitcoin has been continuously being absorbed by potential demand. If it breaks through $114,100, it may test a dense area close to $118,000.
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