đą 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.
Thatâs not just a number â itâs a powerful support floor.
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đĄ Why this matters:
âą $94K = Strong hands
Buyers at this level are already in profit. Theyâre likely holding, not selling.
This gives us a solid base to move higher.
âą No heavy resistance above
With little supply overhead, BTC has room to run.
âą Cycle structure still intact
No blow-off tops. Just steady accumulation and stair-step growth.
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đŽ What happens if we revisit $94K?
Itâs likely to act as a bounce zone, not a breakdown level.
This is where whales stepped in â and history shows they donât buy by accident.
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đą TL;DR:
âą $94K = đ zone with 420K BTC bought
âą Strong hands holding = price stability
âą This is early-stage bull continuation, not the top