BTC maintains above $90,000 - on-chain data reveals key demand level
BTC recently fell 9% from its all-time high of $99,800, still far from the psychological level of $100,000. On Tuesday, BTC price dropped to a low of $90,700, causing concerns among some investors.
However, the price subsequently rebounded and showed resilience in rising to the key resistance level. Despite the high volatility, BTC's long-term bullish structure remains intact, and market sentiment is optimistic.
Top analyst Axel Adler provides key on-chain insights indicating strong demand for Bitcoin remains at current level
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