$BTC 12.22 Analysis of Bitcoin
Bitcoin continues to trend downwards with fluctuations, failing to break through the 100,000 mark. The price has retreated again to around 96,000, and unless it breaks the rebound, the downtrend will continue.
On the daily level, the price has broken below the middle track and stabilized below. After 99,000, focus on this key level, which may serve as a dividing line for bulls and bears. Therefore, continue to look for short positions around 98,500 and bearish outlook near 93,000 $BTC .
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