Analysis: Bitcoin may face selling pressure from 3.5 million addresses to break through the $65,000 resistance level

Odaily News IntoTheBlock posted on the X platform: “You may have noticed that Bitcoin has faced multiple rejections when trying to go higher. Here’s why: 3.5 million addresses bought Bitcoin in the current price to $65,000 range, and these addresses are currently losing money. In this uncertain market, these addresses will generate huge selling pressure once they reach the break-even point. To achieve a real breakthrough, Bitcoin needs to surpass the $65,000 resistance level.”