Bitcoin ‘roadmap to bottom’ says $58.7K Binance cost basis now crucial

New Bitcoin price analysis set out key safety nets for bulls ahead of a potential showdown with Binance traders’ aggregate deposit cost basis.

Bitcoin (BTC) has four new key support levels to watch as a fresh wave of bearish BTC price action aims to push the market price below $50,000.

Key points:

Bitcoin’s realized prices remain important milestones as the market forms a long-term floor.

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