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Analyst: Bitcoin's Key Support Level Between $100,000 and $107,000
Summary: According to CryptoQuant analyst Axel Adler Jr, the recent strong support zone is between $100,000 and $107,000, where the short-term holder realized price (STH Realized Price) intersects with the 200-day moving average (SMA 200D). Below this, the support level is around $92,000 to $93,000, reflecting a deeper support level for short-term investors holding for 3 ...
According to CryptoQuant analyst Axel Adler Jr, the recent strong support zone is between $100,000 and $107,000, where the short-term holder realized price (STH Realized Price) intersects with the 200-day moving average (SMA 200D). Below this, the support level is around $92,000 to $93,000, reflecting a deeper support level for short-term investors holding for 3 to 6 months. If the market breaks below the $100,000 to $107,000 range, this will become a critical second line of defense.