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glassnode: The current support and resistance levels for Bitcoin are $100,600 and $108,500 respectively.
On November 12, glassnode released an analysis stating that the current trading price of Bitcoin is around $104,000, situated between the cost percentile range of 0.85 and 0.75 (i.e., $108,500 / $100,600). These price levels typically act as support and resistance zones in history, and once there is a breakout above or below either side, it is highly likely to determine the next directional trend.