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CryptoQuant analyst: Bitcoin's main support level is between $106,000 and $107,000. If it fails, it will test $100,000
2025-10-17 05:51

According to Odaily Planet Daily, CryptoQuant analyst Axel posted on social media that Bitcoin's current primary support zone is concentrated in the $106,000–107,000 range (STH 1- to 3-month realized price minus the 200-day simple moving average). A break below this range could lead BTC to test support at $100,000, where the annual moving average (365-day simple moving average) lies. As long as this base holds, the market structure remains bullish.