Summary
- On-chain data indicates significant support for Bitcoin between $66,900 and $68,900.
- More than two million addresses have acquired 1.1 million BTC within this range.
- Investor cost basis is crucial for on-chain analysis and can influence market dynamics.
- Bitcoin has a large support range at $66,900 to $68,900, which may cushion any price falls and set the stage for a rally.
