Citing NewsBTC, Bitcoin is currently trading around $91,000 after a recent dip, with market sentiment divided between those expecting a continuation of the uptrend and those anticipating the start of a new bear market. Analyst Darkfost highlights the $96,956 threshold as a critical level for the youngest Long-Term Holders (LTHs), which marks the transition between short-term and long-term holders. Reclaiming this level would restore confidence and reduce selling pressure. Failure to break above $97K could keep the market vulnerable to further downside.
Bitcoin Must Break $97K To Restore Confidence Among Youngest Long-Term Holders
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