Analysis of Bitcoin price for today, December 27

Today, Bitcoin ($BTC ) opened at $95,752. It has increased by 0.69% from the opening price. After falling to $95,437, it is attempting to rise higher. From the maximum price over the last 30 and 7 days, its value has decreased by -10.85% and -6.02%, while from the minimum recorded price over the same period, it has increased by 6.06% and 4.33%.

According to our analysis, it is crucial for BTC to maintain a level above $94,381 in order to potentially advance towards the initial important resistance level at $99,449. Upon breaking above the level of $99,449, BTC may gain momentum and rise to the next resistance level at $103,491. The third resistance level is even higher at $108,143. These levels signal potential points where it may encounter resistance or increase in value.

If the price falls, the first support level to watch will be $94,381. If this level does not hold, further decline may occur to the next support level at $90,907.$ME $GMT