$BTC Maintains Bullish Structure Above Critical $93K Support Zone
#Glassnode data shows
$BTC holding above crucial structural support between the $93,000-$100,000 range.
The cost basis distribution reveals a high concentration of accumulated supply within this #support band.
Large numbers of investors entered positions during Q1 2025, creating strong psychological support levels.
Multiple tests of this range have been followed by recoveries, indicating sustained buy-side interest.
As long as
$BTC remains above the $93K-100K region, the current uptrend stays structurally intact.
Its price action demonstrates resilience despite recent volatility and market uncertainty.
The technical analysis reinforces broader #bullish market structure for
$BTC .
6
