Why $100,000 Is Bitcoin’s Most Important Resistance Level

Bitcoin is struggling to regain momentum below the $90,000 level, yet it continues to hold above $86,000, reflecting a market gripped by indecision. Price action has narrowed into a tight range, with neither buyers nor sellers able to assert clear control. As volatility compresses, apathy has become a defining feature of the current environment, and an increasing number of analysts are openly discussing the possibility that the market is transitioning toward a broader bear phase. Related Reading: XRP Exchange Reserves On Binance Fall To Six-Month Low: Selling Pressure Is Easing While price levels dominate headlines, on-chain data suggests the more important battle is unfolding beneath the surface. According to CryptoQuant analyst Burak Kesmeci, Bitcoin’s current posi...