Bitcoin’s Key Barrier: $96,000 👀
Bitcoin faces a major obstacle at $96,000—the average entry price for short-term holders (3-6 months).
After a tough three months, these holders are selling as #BTC recovers, halting its upward momentum.
CryptoQuant notes that exchanges have absorbed recent selling pressure, suggesting BTC could be poised to smash through this critical resistance and soar!
Keep an eye out for a potential breakout as demand overtakes supply, paving the way for Bitcoin’s next surge.