Bitcoin's Range Between $91K and $102K Continues
2024-12-09

After two days of consolidation, Bitcoin has started to gain momentum with the weekly candle closure and the reopening of financial markets.
 The price is currently testing the lower channel support. If this level holds, Bitcoin could retest the $102,000 resistance.
 As analyzed earlier, Bitcoin seems poised to range between $93,000 - $102,000 for a while. However, if the $96,000 - $97,000 hourly support zone breaks, a decline toward $93,000 could be expected.