Bitcoin Faces Resistance at $97K as Institutions Accumulate

Bitcoin’s price is nearing the crucial $97K resistance level, fueled by significant institutional buying activity. This accumulation from prominent players like ETFs and MetaPlanet has impacted market dynamics significantly. 📈 💰 📊 While these high levels of demand suggest strong belief in Bitcoin’s long-term potential, technical indicators point to a possible price pullback. 🔥 📉 🧐 The broader crypto market is experiencing heightened volatility, impacting sentiment across the industry. 🌡️