BUSINESSAug 13 · 09:37 UTCCOINTELEGRAPHCointelegraph by William Suberg

Bitcoin speculators keep BTC price ‘pinned’ below $68.7K: Glassnode

According to Glassnode, Bitcoin's price has been pinned below $68.7K by speculators. The weakness observed near range highs stems from short-term holders attempting to break even on losses related to their BTC investments.

Nexus surfaces and summarizes. The full story lives at the source.

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Bitcointopic$68.7KtopicGlassnodeorganizationBTCtopicshort-term holderstopicunderwater BTC investmentstopic

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