Bitcoin must reclaim 100,000 USD level for short-term holders – why?

Bitcoin (BTC) has experienced a decline of 6.33% over the past week, struggling to maintain levels above 100,000 USD. Analysts highlight the importance of this price point for short-term holders seeking profitability.

While short-term holders are witnessing losses, long-term holders show resilience, indicating a need for BTC to hold above 100,000 USD to bolster market confidence and prevent panic selling among investors.

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