Bitcoin is currently trading at $95,700, reflecting a consolidation phase with an overall market capitalization of $1.89 trillion. The 24-hour trading volume is at $13.51 billion, with an intraday price range between $94,805 and $96,684.
The daily chart shows that Bitcoin previously peaked near $109,356, followed by a pullback to around $89,164. The current market situation is characterized by mixed technical signals, indicating uncertainty among investors.
Bulls are facing a critical test to sustain the $94K support level, which is crucial for maintaining upward momentum. The article provides insights into the ongoing market dynamics and potential future movements of Bitcoin.
Fonte: news.bitcoin.com ↗