Data: The $69,000 price level may be a key support zone for BTC, with over 464,000 bitcoins purchased in this area

ChainCatcher news, the on-chain data analysis platform IntoTheBlock stated that by tracking the prices at which users purchased Bitcoin, an important support area has formed around the $69,000 price level. In this price range, historically, 1.22 million addresses have cumulatively purchased over 464,000 Bitcoins, indicating strong historical demand at this price level.