PANews reported on December 23 that, according to CoinDesk analyst Omkar Godbole, Bitcoin's price was resisted on December 23 by the downtrend line from its allPANews reported on December 23 that, according to CoinDesk analyst Omkar Godbole, Bitcoin's price was resisted on December 23 by the downtrend line from its all
Analysis: Bitcoin is facing resistance from the descending trendline, with short-term support in the $84,000 to $84,500 range.
PANews reported on December 23 that, according to CoinDesk analyst Omkar Godbole, Bitcoin's price was resisted on December 23 by the downtrend line from its all-time high of $126,000, failing to break through the $90,000 mark and continuing its downward trend from the fourth quarter. Currently, Bitcoin's short-term support level is in the $84,000 to $84,500 range; a break below this level could lead to a test of the November low of $80,000. The analysis indicates that only a break above this trendline resistance could allow Bitcoin to potentially return to an upward trend, with a target of $100,000.
Market Opportunity
Line Protocol Price(LINE)
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Line Protocol (LINE) Live Price Chart
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