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$BTC fell below $96,000 in the short term, analysts say profit-taking and a massive sell wall hinder BTC pump
Gate News: According to The Block, BRN analyst Valentin Fournier stated that despite strong market catalysts and increasing investor confidence, BTC still faces significant obstacles in breaking through $100,000. Fournier also pointed out that profit-taking is evident and a huge sell wall of over 4,000 BTC, about $384 million, must be cleared to achieve higher prices.
gate data shows that the price of $BTC has dropped by 1.58% in the past 24 hours, with the current price at $96,041.80, Market Cap at $1.89T, and 24-hour trading at $268.09M.