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Bitcoin spot traders lose ground as BTC bears defend $98K
Market Intelligence Analysis
AI-Powered
Why This Matters
Bitcoin spot traders are losing momentum as the price approaches the $98,000 resistance level, with bears defending the area and potentially leading to a weekend of volatility.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Bitcoin’s rejection near $98,000 took place as spot traders ran out of energy and short-term investors harvested profits. Will bears defend the resistance level throughout the weekend?
Original article published by
Unknown
on January 17, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.