Bitcoin Price Faces Crucial $97K Resistance, Glassnode On-Chain Data Reveals

Quick Summary:

As the crypto market continues its dynamic movements, all eyes are on key levels that could dictate the next major trend.

Recent insights from leading on-chain analytics firm Glassnode shed light on a particularly significant hurdle standing in the way of BTC reaching the highly anticipated $100,000 mark.

This cluster then becomes a likely point of supply when the price returns to that level.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets: India

Topics: #Glassnode $BTC Crypto News Onchain Crypto Market BITCOIN

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 18:00:16 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 774 words

Reading Time: 5 minutes read

Sentences: 40 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 28176145

View Article Analysis

About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 63 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

Frequently Asked Questions