Bitcoin finds strong support at $61,849-$63,111, analyst says

Bitcoin has established strong support between $61,849 and $63,111, where more than 2 million BTC previously changed hands, according to crypto analyst Ali Charts. UTXO Realized Price Distribution (URPD), a chart showing bitcoin held at different cost bases, indicates little resistance ahead. If Bitcoin breaks above $75,733, the next major supply concentration is projected at $83,307-$84,569, a range where about 1 million BTC previously changed hands.

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Bitcoin finds strong support at $61,849-$63,111, analyst says - CoinPost Terminal