🟢 Bitcoin shows one of its strongest support zones this cycle!
New data from Glassnode confirms:
➤ Over 420,000 BTC were accumulated around the $94,000 level.
That’s not just a number — it’s a powerful support floor.
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🟡 Why this matters:
• $94K = Strong hands
Buyers at this level are already in profit. They’re likely holding, not selling.
This gives us a solid base to move higher.
• No heavy resistance above
With little supply overhead, BTC has room to run.
• Cycle structure still intact
No blow-off tops. Just steady accumulation and stair-step growth.
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🔴 What happens if we revisit $94K?
It’s likely to act as a bounce zone, not a breakdown level.
This is where whales stepped in — and history shows they don’t buy by accident.
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🟢 TL;DR:
• $94K = 🔑 zone with 420K BTC bought
• Strong hands holding = price stability
• This is early-stage bull continuation, not the top