Analysis of Bitcoin price for today, December 7

Today, Bitcoin ($BTC ) opened at $99,780. This is -0.40% lower than the opening price. Despite rallying to $100,363, Bitcoin (BTC) faced resistance and was unable to maintain momentum to move higher. From the maximum price over the last 30 and 7 days, its value has decreased by -3.97%, while from the minimum recorded price for the same period, it has increased by 43.29% and 6.06%.$ONE $HBAR

According to our analysis, it is crucial for BTC to stay above $90,907 in order to potentially advance to the initial important resistance level at $99,449.

If the price drops, the first support level to watch will be $90,907. If this level does not hold, further decline may occur to the next support level at $73,687.

The EMA on the daily chart indicates a bullish signal. Bitcoin is currently above the 10-, 20-, 50-, 100-, and 200-day EMAs.#2024Crypto #2024withBinance