No!

it's not holding off,

it's just smart money putting sell orders right above that price so whenever it rises,

it goes back to the same area u see in the picture..

that way they sell you their bitcoin piece by piece and when it's time they will take it down to 68k to liquidate longers, and there they will make it look as if BTC is preparing for 100K BABY!!!!

But then you will just see it heading to 62k!

Watch and learn newbies.