Bitcoin is currently at an interesting stage: after reaching a new peak of $103,804 on December 5, 2024, it is consolidating in the range of about $93,000-$96,000. Key support levels are marked at $92,000 and below, while resistances are at $95,000 and $100,000. The current situation is causing disputes among investors: should we expect further growth or prepare for a correction?
📊 What do analysts say?
Technical analysis shows predominantly bullish signals: 27 indicators support growth, while 4 signal a possible correction. However, the RSI in the 'overbought' zone indicates the likelihood of a short-term pullback.
Real volume and market capitalization remain stable, but the indicators of new cash flows have slowed down, which may be a signal of decreasing buying activity.
💡 What does this mean for you?
Optimists see the current zone as an opportunity to build positions ahead of a potential breakout of $100,000.
Conservatives prefer to wait for a correction to $90,000-$92,000 before entering.
Your move: Keep an eye on important levels and indicators. Expectations for 2024 are still positive, but remember: cryptocurrencies remain a high-risk asset.
❓ What do you think: will $BTC stay above $95,000 or will we see a pullback? Let's discuss!