Bitcoin May Retest $75,000 to $85,000 Range, Support at $81,600: Galaxy Research Head

Alex Thorn, Head of Research at Galaxy, posted, ‘Based on analysis from Bitcoin's supply by price last move (URPD), the $75,000 to $85,000 range is barely traded as the price quickly broke out of it back in November and the market may want to test this range. the 200-day moving average ( MA) is $81,600 and could provide support if prices retest that range.’