#ChristmasMarketAnalysis
đš Bitcoin Dips to $93K: Buy Opportunity or Red Flag? đš
#bitcoin next move
The crypto market is seeing a sharp pullback, with Bitcoin falling nearly 14% from its all-time high of $108,379 on Dec. 17. Today, BTC is threatening to re-test Friday's spike low of $92,115, putting $90K in focus as a critical support zone.
đĄ Whatâs Happening?
Market Sentiment: BTC battles to hold above $93K, eyeing a potential double-bottom formation.
Historical Patterns: Will history repeat itself with a January selloff, or could we see strong buying early in 2025?
FOMC Impact: The hawkish tone from the Federal Reserve has emboldened sellers.
đ Key Levels to Watch:
Immediate Support: $92,115
Critical Zone: $90K
Resistance: $100K psychological level
