Bitcoin Eyes Key Resistance and Support Zones Amid Market Volatility

According to PANews, a recent analysis from CryptoQuant analyst burakkesmeci reveals crucial insights into Bitcoin's short-term holder behavior.

📊 Key Entry Points:

1–4 week holders: $106,200

1–3 month holders: $87,300

3–6 month holders: $97,500

💡 What This Means for Traders:

🔴 Resistance Alert: The $106,200 level may act as a strong resistance, as many short-term holders could sell at breakeven.

🟢 Support Zone: Meanwhile, the $97,500 level may attract dip buyers, acting as a potential support level.

These price levels reflect typical fear and greed zones—resistance where holders want out, and support where smart money might step in.

📌 Watch These Levels Closely:

$BTC

➡️ Resistance: $106,200

➡️ Support: $97,500

🧠 Binance Traders Tip: Keep a close eye on volume spikes or price rejections around these zones—they often signal upcoming volatility.