People Are Buying Bitcoin Around $117K but Here’s Why That Matters

In the last 30 days, 1.48 million BTC has moved. That’s a huge amount of supply rotation.

🔻 Selling happened mostly below $105K

🟢 New buyers stepped in between $105K–$120K

What really stands out is the fresh demand building between $117K and $118K.

It’s not a strong base yet, but it shows new buyers are confident even at these higher levels.

If price pulls back, this zone could be the first area to hold. Worth keeping an eye on.

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