Bitcoin Needs to Surpass $97K for Market Stability and Confidence

Bitcoin is trading around $91,000, experiencing uncertainty in market sentiment. Analysts are divided: some see recent corrections as a reset before an uptrend, while others view it as the start of a bear market.

Key threshold at $96,956-$97,000 marks the Realized Price of new Long-Term Holders (LTH).
This level signifies transition from short-term to long-term holding, affecting market stability.

If Bitcoin reclaims $97K, young LTHs may return to profit, reducing selling pressure and boosting market confidence. However, staying below this level keeps volatility high and risks further declines.

Importance of the $97K Threshold

Below $97K, LTHs face unrealized losses, risking panic selling and market pressure.
Reclaiming $97K can restore investor confidence and encourage accumulation over selling.

Failure to close above $97K could keep the market vulnerable. For a bullish reversal, Bitcoin needs to reclaim key moving averages and rebuild demand.

BTC Weekly Structure Analysis

Weekly chart shows stabilization attempts after a drop from above $115,000 to mid-$80,000s.
Rebound from 100-week moving average around $84,000–$86,000 indicates renewed demand.

Currently near $91,300, BTC is just below the 50-week moving average acting as resistance around $95K–$97K. Reclaiming this would improve technical outlook and align with recovery signals.

Volume during the bounce suggests long-term holders and institutions are buying.
Failing to break $97K risks another decline, possibly retesting $86K or $80K zones.