According to CoinMeta, as monitored by analyst Ali, Bitcoin has a major support level in the range of $83,300 to $84,600, during which 1.59 million BTC were traded. Since October 1st, Bitcoin whales have increased their holdings by 14,335 BTC, worth approximately $1.22 billion. Analysts believe that if Bitcoin can hold this support level and break through $86,700, there will not be significant selling pressure until around $105,000.