Bitcoin has fallen below $95,000, triggering concerns of further decline. Analysts emphasize the need for BTC to reclaim key levels to sustain its bullish trend. A recent SEC withdrawal case and a Bybit exchange hack have affected market sentiment.
Despite recent drops, Bitcoin remains within its post-election range, showing minimal volatility. Analysts emphasize the importance of daily and monthly closes above certain levels to signal continuation of the uptrend.
Analyst Rekt Capital emphasizes that a monthly close above $96,000 is needed to secure Bitcoin's bullish breakout trend. BTC remains reactive to market corrections and key resistance levels.
Fonte: www.newsbtc.com ↗