
Technical Analysis of Bitcoin – 30th dec to 3rd jan
Bitcoin Analysis (Daily Time Frame) As mentioned last week, Bitcoin remains in a range, and we must observe what changes it will experience as the new year begins. Primary Scenario: Bitcoin is expected to find support in the $92,572 to $90,548 range and potentially move back toward its peak near $108,000. Alternative Scenario: Given the formation of a lower high in recent days, if Bitcoin breaks below the $90,548 support level, the next target will be $85,186. Bitcoin Analysis (4-Hour Time Frame) Primary Scenario: If Bitcoin breaks through the resistance at $97,507, it could target $99,973, followed by $105,369. Alternative Scenario: