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$BTC $BNB $ETH The Bitcoin situation today is interesting. The current price of the coin is around $100,208 after fluctuating between $99,915 and $100,380 in the last 24 hours, indicating a phase of relative stability or “consolidation”
There is optimism that the coin may cross the $100,000 barrier in the coming days with the possibility of reaching $105,000 levels by the end of December if influencing factors such as increased institutional demand and support for Bitcoin ETFs improve
. On the other hand, markets are awaiting the impact of a possible interest rate cut by the Federal Reserve on December 18. Such a move could boost the attractiveness of risk assets, including Bitcoin, which could push the price towards a new high
What is Bitcoin Key Zone? Support: A price area where the price of Bitcoin is falling, but finds many buyers, causing the decline to stop or reverse to an increase. Resistance: A price area where Bitcoin is rising in value, but is facing significant selling pressure, limiting further upside. Confluence Zones: Places where multiple technical indicators or levels (such as trend lines or Fibonacci levels) intersect.
🛑The market is bigger than any person or analyst, no matter how well he understands it🕵️
To all cryptocurrency traders, it is important that you pay close attention to what I am going to say:
From my humble experience, I have noticed a very important point: small cryptocurrencies often start to rise significantly towards the end of the Bitcoin cycle 📈. And at this particular stage, the market usually starts to collapse 📉.
What is the secret behind the decline in cryptocurrency prices today? Today, the cryptocurrency market has seen a significant decline that has many people worried. If you are wondering what is happening and are worried about your investments, you are not alone. Let us break down the details clearly and provide you with a balanced view that will help you understand the situation and how to deal with it.
Some expect the coin to reach higher prices in the near future due to increased interest and number of holders, but this is largely related to market direction and investor momentum. On the other hand, competition from other meme coins may negatively affect its performance. To the fundamental value. If you decide to invest, it is important to understand the risks involved and keep an eye on the market.