## Bitcoin Finds Support at $79,000 Glassnode's recent analysis indicates a significant support level forming for Bitcoin (BTC) around $79,000. Data suggests approximately 40,000 BTC were acquired at this price point, demonstrating strong buying interest and potentially acting as a buffer against further downward pressure. ## Potential Price Targets: $82,080 and $83,500 According to Glassnode, if Bitcoin can maintain its position above $82,080, the next key resistance level to watch is $83,500. At this price, approximately 48,500 BTC were purchased, indicating a potential area of selling pressure. Overcoming this resistance could pave the way for further upward momentum. Traders and investors should monitor these key levels closely as they provide valuable insights into Bitcoin's current market dynamics and potential future price movements. ```

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