Although there are volatile movements in the short term for Bitcoin (BTC) price, the strong support zone between 93,000 and 100,000 dollars indicates that the overall bullish structure is being maintained.
The cryptocurrency analysis company Glassnode evaluated the critical support levels for Bitcoin price. According to the latest data shared by the company, the region between 93,000 and 100,000 dollars, where the most intense purchases for Bitcoin have occurred, continues to attract the attention of investors. BTC, which has managed to hold above this price band, maintains its bullish outlook despite short-term fluctuations.
The ability of Bitcoin price to remain above these levels is interpreted as an important sign of confidence for the market. Because in the first quarter of 2025, the vast majority of investors purchased a significant amount of BTC within this price range. This situation indicates that a solid base of buyers has formed in the market.
Maintaining this region, which stands out as a strong support for the market, not only increases investor confidence but also creates a solid ground for potential upward movements. However, if this level were to break downward, it is stated that selling pressure could increase, but the current data does not support this.