Bitcoin Bulls Are Strong: Over 450,000 Addresses Bought 273,000 BTC At This Level

Bitcoin is cooling off after an impressive 25% spike from May 2024 lows. Even with this cool-off, some analysts are upbeat, predicting the coin will extend gains in future sessions.
Bitcoin Finds Strong Support Between $70,180 and $70,600
In a post on X, one analyst believes Bitcoin has strong support at around $70,180 and $70,600. The analyst explained that on-chain data shows that over 450,000 addresses collectively bought over 273,000 BTC at this price range. For this reason, the co