Bitcoin support level
Glassnode reports that Bitcoin’s next significant support level is identified at $99,000. This level is critical for traders and investors monitoring market movements. Support levels are essential in technical analysis, serving as a threshold where the price tends to stabilize or rebound. If Bitcoin approaches this support, it may indicate potential price behavior and trend continuity. Understanding such levels aids investors in making informed decisions about buying or selling.
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Last updated on November 4th, 2025 at 12:32 pm
