Bitcoin's price is currently ranging between $93,928 and $94,154, with a market capitalization of $1.86 trillion and a daily trading volume of $29 billion. On the hourly chart, indicators are mixed, suggesting indecision. On the 4-hour chart, there is a lack of clear direction, with sellers dominating at around $95,000. The daily chart shows a broader slide for bitcoin, with support at $91,000-$92,000 and resistance at $96,000-$98,000. Longer-term moving averages signal bullish support. Traders should be cautious and monitor key support levels closely.
- Content Editor ( news.bitcoin.com )
- 2025-01-01
Bitcoin Technical Analysis: Bulls Eye $95,000 Breakout Amid Consolidation Battle