Bitcoin Price Remains Above $110,000 with Key Support Levels Identified
The Bitcoin price remains above $110,000, supported by three key levels. On Saturday, analyst Ali Martinez shared insights based on the UTXO Realized Price Distribution (URPD) metric, indicating significant support zones.
Next Support Levels for BTC
- $108,250: 432,000 BTC purchased
- $104,250: 401,000 BTC purchased
- $97,050: 404,000 BTC purchased
Investors at these levels may increase buying, providing support for Bitcoin's price. The next major resistance level is around $116,963, where 550,000 coins may prompt selling when prices reach this area.
Bitcoin Price Overview
Current BTC price: approximately $110,628. It has increased by over 1% in the past week.
