All Clear For $40,000? Bitcoin Shows Little On-Chain Resistance Ahead

Bitcoin might have an easy path toward the $40,000 mark as on-chain data suggests there isn’t much resistance ahead.
Bitcoin Levels Ahead Are Thin With Addresses Right Now
According to data from the market intelligence platform IntoTheBlock, there isn’t any exceptionally large resistance ahead for BTC. In on-chain analysis, resistance and support levels are defined on the basis of whether a large number of investors have bought their coins at the price levels or not.
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