BEAMSTART Logo

HomeNews

Bitcoin Support Thins Below $78,000 As Cost Basis Clusters Shift Toward $95,000

NewsBTC LogoNewsBTC2d ago

Bitcoin Support Thins Below $78,000 As Cost Basis Clusters Shift Toward $95,000 - NewsBTC

Quick Summary:

Support Cushion Rises With Clusters Between $80,000 And $84,000 Bitcoin started the month of March with a crazy crash that saw its price hit below $77,000 on March 10 and March 11.

Looking at on-chain data shows a notable support level between $80,920 and $78,000 that must not be broken.  Related Reading: Pi Coin Sinks 47% In 14 Days—What’s Behind The Massive Drop?

Particularly, on-chain analytics from Glassnode point to a thinning of support at the $78,000 level, where only minimal cost basis clusters now exist.

More Pictures

Bitcoin Support Thins Below $78,000 As Cost Basis Clusters Shift Toward $95,000 - NewsBTC (Picture 1)Bitcoin Support Thins Below $78,000 As Cost Basis Clusters Shift Toward $95,000 - NewsBTC (Picture 2)

or

Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-30 @ 13:30:18 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 480 words

Reading Time: 3 minutes read

Sentences: 69 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 27440318

View Article Analysis

About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Bitcoin Support Thins Below $78,000 As Cost Basis Clusters Shift Toward $95,000" has 480 words across 69 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Bitcoin Support Thins Below $78,000 As Cost Basis Clusters Shift Toward $95,000" was covered 2 days ago by NewsBTC, a news publisher based in United Kingdom.

How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United Kingdom and publishes an average of 8 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #27440318
  • URL: https://chronographically.beamstart.com/news/bitcoin-support-thins-below-78000-17433416379951

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.