$BTC ALERT: Bitcoin Confronts Heavy Supply Above $93,000 🚨
Bitcoin’s recent slowdown isn’t random — it’s running into a major supply barrier. On-chain data highlights a significant concentration of long-term holders who accumulated BTC between $93,000 and $109,000. This price range has effectively become a high-risk resistance zone.
Why is this important? As Bitcoin re-enters this region, many of these holders are back in profit and may look to offload positions. That creates strong overhead selling pressure, increasing the likelihood of price rejections and short-term volatility. This isn’t driven by retail speculation — it’s a structural supply zone formed over an extended accumulation period.
Until the market absorbs this supply, upward momentum will face consistent resistance. A decisive breakout above this range could trigger a powerful continuation move, but failure to clear it may result in another sharp pullback.
This zone is critical. It will determine whether Bitcoin is ready for its next leg higher — or if more consolidation is needed before the next breakout.
Will buyers overpower the sell wall, or does BTC need more time to reset?
Keep your eyes on this level — it could define the next major market move.
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