The topic is Bitcoin, right, we talked yesterday that the rise is coming, the post is below. So do not be afraid if there is a little decline or correction to 100 thousand or 100,500 thousand dollars, you must maintain the alternative currencies and they will rise more. $BTC

#CryptoReboundStrategy The calm before the storm 🛑🛑
Now we are at the intersection and turning point so we see weak trading volume in Bitcoin today because the decision has not been made yet. $BTC


Bitcoin price action
Cryptocurrencies rose at the beginning of the year as optimism returned to the market. Bitcoin price started to rise on December 31 from a low of $91,887 to a high of $98,969 on January 3, where it remained stable for a few days.

At the time of writing, Bitcoin price was trading at around $98,000, down slightly to $97,960. Bitcoin price is up 4% weekly.

The moving averages and the Relative Strength Index (RSI) have stabilized above the midpoint, indicating a possible consolidation in the near term. Bitcoin price could fluctuate between $100,000 and $90,000 for some time.

If investors push the price beyond $100,000, Bitcoin is expected to retest its all-time high at $108,353. Alternatively, a decline and close below $90,000 would pave the way for a drop to the support level at $85,000.

I remind you today that we are in a transition and decision-making zone, so Bitcoin must be monitored continuously during this day or two #BIOOpenonBinance