As Bitcoin Bounces, On-Chain Data Point to Selling Pressure Near $113.6K

coindesk.com/markets/2025/08/28/as-bitcoin-bounces-on-chain-data-point-to-sell-pressure-near-usd113-6k

bulls aim to reestablish an upward price trajectory, they may face resistance from sellers near the $113,600 level, according to on-chain data.
BTC has already bounced to $112,800 from sub-$108,800 levels hit Tuesday, CoinDesk data show. The bounce is likely fueled by a fresh all-time…

This story appeared on coindesk.com, 2025-08-28 06:52:18.
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