The price of Bitcoin experienced volatility, dipping to a local bottom of $95,000 before rebounding to above $101,000. Recent investor activity has formed a strong support wall between $94,300 and $100,250, suggesting buying pressure may prevail. However, a forceful price decline could trigger panic selling and a sharp price decline. Despite this, Bitcoin is expected to record significant price gains before the end of the year, and there is strong institutional interest in the cryptocurrency. The asset's trading volume has declined, indicating a fall in market participation. On larger timeframes, Bitcoin remains in significant profits with gains of 12.88% in the past 30 days.



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