Glassnode: $97,000 is the key resistance level for BTC

2025-04-23 18:40:30
Collection

ChainCatcher message, Glassnode posted on platform X that if BTC wants to return to the $100,000 level, it still needs to clear a large amount of supply above. Cost basis distribution data shows that there is a particularly dense area around $97,000, where investors hold approximately 392,000 BTC. Some investors may choose to sell at the breakeven point, making this area a key resistance zone.

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