Glassnode: $97000 is the key resistance level for Bitcoin

PANews
PANews|Apr 23, 2025 10:25
Glassnode analyzed in an article on the X platform that if Bitcoin (BTC) wants to return to the $100000 mark, it still needs to clear a large amount of supply above it. The cost based distribution data shows that there is a particularly dense area around $97000, where investors hold approximately 392000 BTC. Some investors may choose to sell at the breakeven point, making this area a key resistance zone.
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