[glassnode: Bitcoin Retests Support Level Around $109,000, Holding It Typically Triggers a Significant Rebound] BlockBeats News, October 31, glassnode stated, 'BTC is once again retesting the $109,000 0.85 cost basis range, which has historically been a critical threshold. If this level holds, it typically triggers a significant rebound; if it breaks, it often continues to decline to the 0.75 cost basis range (around $98,000).'