Bitcoin (BTC) 100 Thousand Dollar on the Way! Glassnode has revealed the critical price levels that will determine the fate of Bitcoin!

The leading cryptocurrency Bitcoin (BTC) has risen above 97 thousand dollars recently, along with its upward momentum.

However, BTC, which could not maintain this rise, faced resistance at 98 thousand dollars while declining to the level of 94 thousand dollars.

Glassnode, evaluating the current situation of Bitcoin, stated that Bitcoin is on the rise towards 100,000 dollars, but the support at 95,000 dollars must be maintained and the resistance at 98,000 dollars must be successfully overcome.

Bitcoin (BTC) is at an Important Decision Point!

Glassnode stated that Bitcoin was unable to surpass the $98,000 resistance and that profit-taking limited the upward momentum.

At this point, Glassnode analysts indicated that for a potential rise to 100,000 dollars, Bitcoin needs to maintain the support at 95,000 dollars and close above 98,000 dollars on the daily chart.

According to Glassnode data, analysts indicate that 86% of Bitcoin's supply is in profit, stating that these high rates generally signal a rise period.

However, it also shows potential risks. As the supply in profit exceeds 80-90%, historical data shows increased profit-taking, especially by short-term investors, which can lead to corrections.

Analysts emphasized that Bitcoin is at a critical decision point and that closures and price movements above 98,000 dollars are necessary for the continuation of the rise.

In contrast, analysts reminded that the inability to maintain the support level of 95,000 dollars in Bitcoin could lead to a retest of lower levels between 85,000 and 75,000 dollars.

A decline to $75,000 means that all gains made after the 90-day tariff pause will be wiped out.