Bitcoin Sell-Off Puts Key Support Levels in Focus
Bitcoin’s recent decline has turned attention to three crucial support levels that could dictate the market’s next move.
Swissblock Technologies marks $112,000 as a critical zone, with its Risk Index near zero suggesting optimism despite BTC dipping to $112,600. $110,000 is seen as a “lifeline,” while $111,400—the short-term holder cost basis tracked by Glassnode—represents the average price for recent buyers.
Analysts warn that if BTC fails to hold these levels, it could signal a shift toward a bearish market structure, making this support range closely watched by traders.
