#Bitcoin

Bitcoin's price during the Friday session on January 11, 2025, halted at a local support zone, ending a three-day decline after briefly rebounding above the psychological $100,000 mark.

From a technical perspective, concerns arise as the price dropped below the 50-day exponential moving average. However, the current levels align with the local lows formed during the consolidation phase observed since mid-November.

Alongside Bitcoin, other major cryptocurrencies also experienced losses, with similar downward trends noted in XRP and Cardano.