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Bitcoin Holds Above Key $93K–$100K Zone, Preserving Bullish Structure

  • Bitcoin continues to hold above a crucial support range between $93,000 and $100,000, bolstering the bullish market structure amid recent price volatility.
  • The accumulation of supply within this band in Q1 2025 indicates strong psychological and technical support zones for Bitcoin.
  • Glassnode suggests that as long as BTC remains above the $93K–$100K region, the current uptrend stays intact, with sustained buy-side interest evident.
  • The support area signifies a demand floor with reduced selling pressure; if Bitcoin regains momentum above $105K, it could pave the way for new all-time highs, while a drop below $93K could challenge the bullish outlook.

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