๐ Latest on Bitcoin (BTC) โ Short Analysis
Right now, Bitcoin is trading roughly around USD 92,600.
Short-term technical forecasts suggest BTC could move between USD 88,600 and USD 94,300 during early December.
If Bitcoin holds support and market sentiment improves, there is a chance for a rebound toward USD 94,000โ96,000, possibly reaching up to USD 100,000+ if bullish momentum returns.
On the flip side, if current support levels break โ in a bearish scenario โ prices could dip toward USD 80,000โ85,000.
๐ฎ Outlook
Bitcoin appears to be in a consolidation phase for now, with volatility still high. Traders and investors should watch support/resistance levels closely. A breakout above resistance could revive bullish sentiment, while a breakdown might lead to deeper correction.$BTC
