BTC/USDT Analysis. 
2024-12-23
Category: None

Bitcoin is trading within an ascending channel but showing signs of weakness near $95,660. Here's the breakdown:

$90,000–$92,500 remains critical for a potential bounce. A retest of this area could form a double bottom pattern.
 $97,500 (minor resistance) and $105,000 (upper channel boundary) are the key targets for any bullish continuation.
 A breakdown below $90,000 could lead BTC toward $85,000 or even $77,500 (major demand zone).
 Watch for price action near $90,000 for a possible reversal or continuation to lower levels. Volume and momentum indicators will be crucial to confirm the next move.

DYOR, NFA

@Peter_CSAdmin