Bitcoin's key support level recently is between $84,000 and $85,600, with a buying volume of 976,000 BTC in this range.

Odaily Planet Daily reports that with Bitcoin's price breaking through $90,000, discussions about a "Christmas rally" have resurfaced. Glassode's cost base distribution heatmap shows that the key price support level is currently between $84,000 and $85,600, as investors have bought approximately 976,000 Bitcoins near this price level. Holding above $84,000 may halt further declines. Analysts point out that Bitcoin has been consolidating within a wide range of $82,000 to $95,000 since November 22nd; the longer the consolidation period, the stronger and more dramatic the subsequent rebound. (Cointelegraph)