List of Flash News about BTC $95k–$98k
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2025-05-02 17:39 |
Bitcoin Resistance Analysis: Key $95k–$98k Zone May Delay BTC Price Discovery Above $100k
According to @OnChainCollege, a significant number of Bitcoin was acquired by holders between the $95,000 and $98,000 levels. This price range now acts as a resistance zone, as many BTC holders may look to exit at breakeven. The situation is further intensified by increasing profits among long-term holders (LTHs), leading to additional potential sell pressure at this range. If Bitcoin achieves a decisive breakout above this resistance, it could pave the way for price discovery beyond the $100,000 mark. Traders should monitor this zone closely for signs of profit-taking and breakout momentum (source: @OnChainCollege, Twitter). |