Analysis of Bitcoin price for today, December 24
Today, Bitcoin ($BTC ) opened at $94,857. This is -0.42% lower than the opening price. From the maximum price in the last 30 and 7 days, its value has decreased by -12.66%, while from the minimum recorded price for the same period, it has increased by 3.90% and 2.21%.
According to our analysis, it is crucial for BTC to maintain a level above $94,381 to potentially advance towards the initial important resistance level at $99,449. If it breaks above the $99,449 level, BTC could 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 drops, the first support level to watch will be $94,381. If this level does not hold, further decline may occur down to the next support level at $90,907.#2024withBinance #2024To2025 #2025Outlook
