According to Dan Held on Twitter, Bitcoin is approaching the significant price level of $97,000, which reflects heightened bullish sentiment and increased trading volume in the market (source: Dan Held Twitter, May 1, 2025). This price milestone is notable as it often acts as a psychological resistance, leading traders to closely monitor potential breakouts or corrections. Current order book data and derivatives activity suggest increased volatility around this level, making risk management and timely execution critical for both short-term and swing traders.
Bitcoin DeFi investor and Asymmetric GP, advising major Web3 projects, with executive experience at Kraken, Uber, and Blockchain.
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Bitcoin Price Nears $97,000 Milestone: Key Trading Insights and Market Analysis – Blockchain News
