#BTCNextMove As of December 20, 2024, Bitcoin (BTC) is trading at approximately $94,616, reflecting a 7.36% decrease over the past 24 hours.

On the hourly chart, technical indicators suggest a bearish trend:

Moving Averages (MAs): Short-term MAs are trending downward, indicating selling pressure.

Relative Strength Index (RSI): The RSI is approaching oversold territory, suggesting potential for a reversal if the trend continues.

Moving Average Convergence Divergence (MACD): The MACD line has crossed below the signal line, a bearish signal indicating potential for continued downward movement.

Support levels to monitor are around $93,000, with resistance near $98,000.

Please note that cryptocurrency markets are highly volatile. It's essential to conduct thorough research and consider your risk tolerance before making any trading decisions.