According to Odaily Planet Daily, IntoTheBlock posted on the X platform that Bitcoin has faced multiple rejections when trying to go higher. The reason is that 3.5 million addresses have bought Bitcoin in the current price range of $65,000, and these addresses are currently in a loss. In this uncertain market, once these addresses reach the break-even point, they will generate huge selling pressure. Therefore, to achieve a real breakthrough, Bitcoin needs to surpass the resistance level of $65,000.