Let's talk about the market of Bitcoin
Bitcoin's price has been just below $94,000 these days, and with only 20 days left until Trump's inauguration, people are beginning to question the future trajectory of Bitcoin and altcoins.
In the past 24 hours, Bitcoin has fallen to $92,888 after reaching a peak of $96,250, while altcoins have struggled to recover their losses. The lack of major developments in the cryptocurrency field has caused unnecessary market anxiety, resulting in a decline of only 2% in overall value.
Bitcoin's price range has brought uncertainty to the market. Watching the pressure level of $96,000 will help understand Bitcoin's potential trend in the coming weeks.
Despite Bitcoin's stability, the overall market performance remains weak, and Bitcoin's price remains relatively stable, but altcoins are struggling. Bitcoin's pressure level at $96,000 may determine future trends. If Bitcoin breaks through the pressure level, altcoins will show potential for recovery and may be good investment opportunities.
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