Bitcoin’s Price Stalls Above $96K Resistance, Mid-Term Holders Show Resilience

Bitcoin (BTC) is currently trading near the $96,000 level, facing resistance from both a strong sell wall and its own price history. The asset’s recent stability shows mid-term holders are holding strong despite pressure from ETF outflows and market uncertainty. The article analyzes current Bitcoin market trends and discusses the factors influencing Bitcoin’s price action. Traders are closely observing for a break through this key resistance, with potential impacts on prices ranging from $98,000 to $100,000 if surpassed, or potentially a descent towards the $83,444 support level if it fails to hold.