Hey kids! Ever heard of Bitcoin? It's like digital money, but it's not controlled by a bank. Recently, experts looked at how much Bitcoin people bought at different prices. They found something interesting!
- Lots of people bought Bitcoin around $97,000.
- This could stop Bitcoin's price from going higher.
- If the price goes down, some people might sell their Bitcoin.
- There's also a strong support level around $93,000 to $96,000; this means the price might stop dropping there.
| Bitcoin Price | What it means |
|---|---|
| Around $96,000 now | Current price |
| $97,000 | Big resistance level – hard to go above |
| $93,000-$96,000 | Strong support – price might bounce back up here |
