Analyst: Bitcoin Temporarily Struggles to Reclaim Key Resistance Zone of $95,000-$96,000, Premature to Discuss Bull Market Now

Odaily According to a post by Adam, a macro researcher at Greeks.live, on the X platform, the market has been significantly weakened by the decline since August last year and the two major liquidations in October and November. Bitcoin is currently finding it difficult to reclaim the key resistance zone of $95,000-$96,000. On the other hand, with various data points not showing significant improvement, it is premature to discuss a bull market. However, regarding options data, there has been a notable increase in large block purchases of call options recently, indicating clear signals of a price bottom.