Bitcoin Faces Key Moment: Will $93,257 Support Hold Or Break Below?

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Related Reading: Bitcoin Price Enters Correction Phase On Its Path To Explode Above $110,000 However, If the bulls successfully defend the $93,257 support, Bitcoin might regain momentum and continue its upward trend, aiming for the $99,575 resistance.

Related Reading: Bitcoin Price Retests Support Line After Crash Below $95,000, Here’s The Next Target A weakening RSI suggests that Bitcoin could be losing its upward momentum, even though the price may not reflect this shift immediately.

Bitcoin stands at a critical crossroads, with its price hovering near the crucial $93,257 support level.

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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: United KingdomNigerNigeria

Topics: Relative Strength Index BTCUSDT RSI Btcusd Btc Bitcoin Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-30 @ 11:00:29 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 443 words

Reading Time: 3 minutes read

Sentences: 75 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 24739787

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 14 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #102

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