IntoTheBlock: The short-term key resistance level for BTC is around $96,000
ChainCatcher news, according to IntoTheBlock's analysis of the distribution of Bitcoin holding costs on the chain, the current market situation is as follows:
In the short term, a key resistance level for Bitcoin appears around $96,000. Currently, about 1.66 million BTC are in a loss state. Fear may prompt these holders to sell at break-even prices, thus becoming an upward resistance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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