Bitcoin's price action during the holiday season can be unpredictable, as past trends show. Regardless of market direction, we provide you with expertly analyzed key price levels that our algorithm monitors for Bitcoin futures. Think of this as your ultimate crypto holiday technical roadmap.
Bitcoin futures remain range-bound, with a slight bearish bias due to continued sell pressure and weak buyer momentum. Watch these key price levels for the next action.
Bitcoin slides 2.7% to $94,700, breaks below 200-hour MA at $98,244. Support at $90,742-$93,480, potential drop to $89,566. Correction likely after sharp uptrend from $66,798.
Amazon shareholders suggest exploring Bitcoin as a hedge against inflation, in line with major corporations like Microsoft and Tesla seeking to safeguard value and boost returns.
