Bitcoin Breaks the Lower Boundary of the Channel and Targets 97k
2024-12-09

After failing to sustain its position within the previous channel, Bitcoin has decisively broken through the lower boundary and is now showing clear momentum toward the 97k level. This movement highlights the growing pressure from sellers and may signal further downward correction unless a strong support level holds.

Key zones to watch include potential retracement points and the reaction at the 97k level, where buyers could step in to regain control. As always, proper risk management is essential during such volatile market phases.

