Post #2138832
1.32K

Glassnode reported a significant influx of large buy orders at the $80,000 level in bitcoin, corresponding to the 50-day moving average. Following this, bullish investors quickly replenished sizable purchase orders. Throughout the day, buyers continued to refill the order book. In the short term, the substantial bids at $80,000, which had been present for the past week, were filled and new large bids were placed, systematically pushing the price higher.