[Analysis suggests weak buy support for Bitcoin below $104,800] Analyst @ali_charts, based on Glassnode's Bitcoin UTXO realized price distribution chart, pointed out that below $104,800, the number of UTXOs (Unspent Transaction Outputs) supporting the price of Bitcoin is relatively low. This indicates weaker buying interest or lower holder concentration in the lower price range, which could impact price stability if the price drops to this level.
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