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Bitcoin: Odds of BTC breaking $97K in the face of profit-taking are…

AMBCrypto LogoAMBCrypto1d ago

Bitcoin: Odds of BTC breaking $97K in the face of profit-taking are… - AMBCrypto

Quick Summary:

Bitcoin faces key resistance near $98K as whale demand fades and profit-taking accelerates.

Bitcoin has struggled to breach the $97,914 resistance level, with repeated rejections evident in the chart.

This technical setup indicates indecision, and without renewed buyer strength, Bitcoin may be unable to sustain its current levels.


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Bitcoin: Odds of BTC breaking $97K in the face of profit-taking are… - AMBCrypto (Picture 1)Bitcoin: Odds of BTC breaking $97K in the face of profit-taking are… - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Erastus Chami

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 23:00:52 (1 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 664 words

Reading Time: 4 minutes read

Sentences: 41 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 28450366

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 21 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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: #103

Publisher Details

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The story "Bitcoin: Odds of BTC breaking $97K in the face of profit-taking are…" has 664 words across 41 sentences, which will take approximately 3 - 6 minutes for the average person to read.

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The story "Bitcoin: Odds of BTC breaking $97K in the face of profit-taking are…" was covered 1 days ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 21 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #28450366
  • URL: https://seidx.beamstart.com/news/bitcoin-odds-of-btc-breaking-17465727058953

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