IntoTheBlock: The short-term key resistance level for BTC is around $96,000
ChainCatcher news, according to IntoTheBlock's analysis of the distribution of Bitcoin holding costs on the chain, the current market situation is as follows:
In the short term, a key resistance level for Bitcoin appears around $96,000. Currently, about 1.66 million BTC are in a loss state. Fear may prompt these holders to sell at break-even prices, thus becoming an upward resistance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BP CEO says he is uncertain whether direct investment as an alternative to export routes is in the shareholders' best interest
BP CEO: Uncertainty remains over whether direct investment in alternative export routes is in the best interests of BP shareholders.
BP is working with the Iraqi government to explore new options for oil export routes.
BP CEO: We are working with the Iraqi government to explore new export route options, including the northern route.
BP CEO says investor capital was not properly managed in the past, Middle East remains crucial
BP CEO: In the past, the company failed to properly manage investor capital. The Middle East will continue to be vital for the company.
BP CEO: No Intention to Withdraw or Avoid the Middle East Market
BP CEO: We have no intention of withdrawing from or avoiding the Middle East market.
Crypto prices
More
