Bitcoin's trading volume has decreased significantly since its peak in November, falling by about 97%. Despite this drop, Bitcoin's price has slightly increased, nearing the $96,000 mark. The reduced liquidity and low trading volume may be due to a lack of participation from institutional and retail investors. The calm market activity has made it easier for Bitcoin's price to rise, but it is still below the 50 EMA, indicating a downward trend. The lack of trading volume raises concerns about the sustainability of Bitcoin's price levels. If Bitcoin fails to break above the 50 EMA, the next support levels to watch are $85,000 and $76,500. The decreased volume can be both a benefit and a risk, with a break above the resistance level potentially leading to more gains, while a rejection could indicate downward pressure. Overall, Bitcoin's future actions will likely determine the course of the year.



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