Summary
- Sentora announced that $97,000 is a major support level for Bitcoin.
- It was reported that about 1.6 million addresses bought 1.14 million BTC around this price range.
- Bitcoin is said to be trading at $101,529 on the Binance USDT market, a decrease of 0.82% from 24 hours ago.
An analysis has come out stating that Bitcoin (BTC) has a major support level around $97,000.
On the 23rd (local time), Sentora (formerly IntoTheBlock) announced on X (formerly Twitter), "$97,000 is a major support level for Bitcoin," adding, "Around 1.6 million addresses purchased 1.14 million BTC at this price range."
As of 6:34 PM, based on Binance USDT market, Bitcoin is trading at $101,529, down 0.82% compared to 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit!["Will AI take our jobs?" Fear spreads…market rattled by a plunge in shares [New York Market Briefing]](https://media.bloomingbit.io/PROD/news/874408f1-9479-48bb-a255-59db87b321bd.webp?w=250)
