Price Analysis for December 23: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX
Bitcoin remains under pressure, but bulls are expected to defend the support at $90,000.
Price Analysis for December 23: #BTC #ETH #XRP #SOL #BNB $DOGE $ADA $AVAX
Price Analysis
Bitcoin
BTC
tickers down
€90,342
is struggling to recover after falling approximately 9% last week. This suggests that bulls are acting cautiously and are not rushing to buy on dips. An exception is MicroStrategy, which added 5,262 Bitcoin between December 16 and 22 at an average price of approximately $106,662.
Although Bitcoin has lost ground from its all-time high of $108,353, a slightly positive aspect is that bears have not managed to push the price below the strong support at $90,000. This suggests that bulls are not rushing to close their long positions.