#Bitcoin support level at $96,475#

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Overview

Bitcoin's current significant support levels are between $96,475 and $99,574. Data from analyst Ali Martinez shows that 1.87 million addresses have purchased 1.79 million Bitcoins, indicating strong buying power in this price range, which acts as support for the Bitcoin price.

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Analysis

Currently, Bitcoin's key support level is between $96,475 and $99,574. Analyst Ali Martinez pointed out that 1.87 million addresses have purchased 1.79 million Bitcoins, indicating strong buying power in this price range. This means that if Bitcoin falls below $96,475, it could trigger further declines. However, if it can hold this support level, it is expected to rebound.

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