Analysis of Bitcoin price for today, December 28
Today Bitcoin ($BTC ) opened at $94,299. This is 0.06% higher than the opening price. From the maximum price over the last 30 and 7 days, its value has decreased by -12.75% and -5.49%, while from the minimum recorded price for the same period, it has increased by 2.69% and 2.10%.
According to our analysis, it is crucial for BTC to maintain a level above $90,907 in order to potentially advance to the initial important resistance level at $94,381. If it breaks above the $94,381 level, BTC could gain momentum and rise to the next resistance level at $99,449. The third resistance level is even higher at $103,491. These levels indicate potential points where it may encounter resistance or increase in value.
If the price falls, the first support level to watch will be $90,907. If this level does not hold, further decline may occur to the next support level at $73,687.