Foresight News reports that CryptoQuant analyst Axel Adler Jr tweeted that "the strong support range for Bitcoin recently is between $100,000 and $107,000, which is the intersection of the STH realized price and the 200D SMA. Below this, there is additional support around $92,000 to $93,000, which reflects the cost basis of short-term investors holding for 3 to 6 months."