{"content":"💣 Bitcoin Under Pressure — Is a Major Support Test Coming? Over the weekend, Bitcoin stayed over $110,000, and on-chain data suggests it's above three key support levels. The following levels are essential over the next several weeks. Which BTC Support Levels Follow? On Saturday, September 6, noted crypto researcher Ali Martinez shared on-chain Bitcoin price observations on X. This BTC UTXO Realized Price Distribution (URPD) price assessment highlights Bitcoin's next support levels. The amount of investors with their cost basis at a price level determines its ability to operate as an on-chain support or resistance zone. Bitcoin investors' cost basis is the amount they paid for the bitcoin. The UTXO Realized Price Distribution indicator measures the quantity of a cryptocurrency purchased at a certain price. Price levels below the spot value with strong purchasing activity are usually considered support zones. Levels above the present price with high investor cost bases are frequently resistance zones. According to the chart above, Bitcoin's next key support levels are $108,250, $104,250, and $97,050. Glassnode data reveals 432,000 bitcoin were bought around $108,250 and 401,000 around $104,250. Around $97,054, 404,000 BTC were bought. Due to their cost basis, investors at these prices are likely to double down and buy additional coins. Thus, more purchasing activity will help the Bitcoin price remain afloat and perhaps recover. According to the URPD metric, Bitcoin's next big resistance level is $116,963. When the price returns to its cost basis, investors around this level may close their holdings, lowering BTC prices. #AltcoinMarketRecovery #ListedCompaniesAltcoinTreasury #MarketPullback #BTCvsETH #MetaplanetBTCPurchase $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/08/d57501fdae0e4937a4df99558809f0b4.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}