Bitcoin is trading at approximately $91,000, facing a pivotal moment as market sentiment remains split between bullish and bearish outlooks. Analyst Darkfost identifies $96,956 as a crucial threshold for the youngest Long-Term Holders (LTHs). Surpassing this level is seen as essential to restoring confidence and reducing selling pressure among these holders. Failure to break above $97K could leave the market susceptible to further declines.
Bitcoin Needs to Surpass $97K to Bolster Young Long-Term Holder Confidence
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