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Bitcoin Trades Near $90K as On-Chain Cost Basis Zones Reveal Key Market Levels

Bitcoinist LogoBitcoinist17h ago

Bitcoin Trades Near $90K as On-Chain Cost Basis Zones Reveal Key Market Levels - Bitcoinist

Quick Summary:

Bitcoin continues to exhibit signs of renewed momentum, with the asset reclaiming ground lost during its recent corrective phase.

The price of BTC has moved above $89,000, trading at approximately $89,062 at the time of writing, up 2.3% over the past 24 hours.

While traditional chart levels like resistance and support remain important to many traders, a more data-driven view is emerging from on-chain analysis.

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Bitcoin Trades Near $90K as On-Chain Cost Basis Zones Reveal Key Market Levels - Bitcoinist (Picture 1)

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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 00:00:34 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 28160731

View Article Analysis

About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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: #105

Publisher Details

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The story "Bitcoin Trades Near $90K as On-Chain Cost Basis Zones Reveal Key Market Levels" has 432 words across 35 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Bitcoin Trades Near $90K as On-Chain Cost Basis Zones Reveal Key Market Levels" was covered 17 hours ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 11 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #28160731
  • URL: https://citrocola.beamstart.com/news/bitcoin-trades-near-90k-as-17453666401301

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