Bitcoin's price is experiencing consolidation as it fluctuates between the $96.8K resistance and $84K support levels. This movement has attracted significant attention within the market.
Data from UTXO highlights these price ranges as crucial, with market sentiment largely dependent on these zones. A successful rally insists on key risk resets at these points.
As reported by CryptoQuant, Bitcoin's trajectory has been descending, emphasizing the importance of these resistance and support benchmarks for future market movements.
Source : www.thecoinrepublic.com ↗
