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BTC/USD
The price of Bitcoin (BTC) has risen by 2.2% in the past 24 hours.
On the hourly chart, BTC's price broke through the partial resistance level of $94,532. If the closing price on the daily chart is far from this resistance level, there is a chance to test the $97,000 area before January 1st.
Over a larger time frame, the price of BTC once again rebounded from the support level of $91,760. If the candlestick closes near $96,000, traders may expect the price to continue to rise to the $98,000 range.
From a mid-term perspective, the situation is not optimistic.
Trading volume continues to decline, which means the Bitcoin (BTC) price prediction for December 31st for both parties
BTC/USD
The price of Bitcoin (BTC) has risen by 2.2% in the past 24 hours.
On the hourly chart, the price of BTC broke through the partial resistance level of $94,532. If the daily closing price is far from this resistance level, there is a chance to test the $97,000 area before January 1st.
Over a larger time frame, the price of BTC has once again rebounded from the support level of $91,760. If the candlestick closes near $96,000, traders may anticipate the price to continue rising to the $98,000 range.