๐ Bitcoin Headed to $117K?
According to Glassnode, BTC's short-term upper bound is now $117,000 based on on-chain data. ๐ฅ
๐ง This level reflects the average cost basis of short-term holders โ and BTC is showing strength near key breakout zones. A daily close above $110K could trigger the next big rally.
๐ฅ Bullish targets:
โ $117K (Glassnode)
โ $123Kโ$130K (technical analysts)
๐ Are you ready for liftoff?