
Over the past month, Bitcoin has been like a reluctant hero, struggling to break free from the shackles of $85,000 and $88,000, as if these numbers were cursed by some ancient financial deity. But Martinez, armed with on-chain data from IntoTheBlock, has identified two critical resistance zones: $85,470 and $92,950. The first, $85,470, is a fortress guarded by 1.13 million wallet addresses, which have traded a staggering 607,200 BTC within this range. If Bitcoin can breach this citadel, the next challenge awaits at $92,950, where 795,830 wallet addresses have traded 627,410 BTC. A lesser crowd, perhaps, but no less formidable.