Definition ∞ Bitcoin structural support refers to price levels where significant buying interest has historically prevented further price declines. These levels often correspond to substantial on-chain activity, such as large volumes of Bitcoin moving into long-term holder wallets at specific price points. This indicates a strong underlying demand that can absorb selling pressure, establishing a floor for market valuation. The resilience of these support levels offers insight into market sentiment and investor conviction.
Context ∞ Discussions around Bitcoin structural support are prevalent in technical analysis and on-chain analytics reports, particularly during market corrections or periods of consolidation. Analysts assess the strength of these zones to forecast potential price reversals or continued downward trends. Observing how Bitcoin reacts to these levels helps market observers gauge the overall health and stability of the asset’s market structure. This analysis guides strategic decisions.
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