Bitcoin Faces Key Resistance at $97,000 for Potential Surge

AI Summary

According to Odaily, Glassnode has indicated on the X platform that Bitcoin (BTC) needs to overcome significant supply barriers to reach the $100,000 mark again. Data on cost basis distribution reveals a particularly dense area around $97,000, where investors hold approximately 392,000 BTC. This region is identified as a critical resistance zone, as some investors might opt to sell at the breakeven point.CryptoMarketCapBackTo$3T#BinanceHODLerHYPER