BTC Faces Critical Price Floors Amid Renewed Selling Pressure
Analysts are monitoring three key Bitcoin support levels as the recent sell-off gains momentum.
The first, $112,000, is backed by Swissblock Technologies’ Risk Index, which measures market volatility through on-chain valuation and cost-basis data. Low readings, like Monday’s near-zero level, suggest bullish sentiment despite BTC dipping to $112,600.
Swissblock also flagged $110,000 as a vital lifeline, while Glassnode points to $111,400, the short-term holder cost basis, as a key battleground. Trading below these levels could signal a broader bearish trend, making the $110,000–$112,000 range a critical support zone.