The price of Bitcoin remained above $92,000, trading at $92,432 at the time of writing this note. Bitcoin has risen by 2% in the last 24 hours, indicating moderate interest in buying the cryptocurrency after an initial pullback.
The net outflow of spot Bitcoin ETFs in the U.S. on December 11 was -$77.34 million. Fidelity's FBTC recorded the largest outflow, with $104 million.
Bitcoin is currently testing the resistance level of $92,000-$94,000. If the bulls manage to break above this level, it could trigger a rise to $100,000.
However, if this opposition occurs, the price of Bitcoin could fall below $90,000. The break or failure of this key range will determine the next step in the market.
BTC
90,323
-1.84%
