Bitcoin

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The bearish trend has not arrived on the market yet, according to <a href="https://u.today/binance-coin-bnb-price-prediction-for-december-3" rel="noopener noreferrer nofollow">CoinStats</a>. <img src="https://u.today/sites/default/files/inline-images/top01.png" data-entity-uuid="3be612f4-c884-4217-b225-d4c57f0a6212" data-entity-type="file" data-caption="BTC chart by&amp;nbsp;<a href=&quot;https://coinstats.app/coins/&quot;>CoinStats</a>">
<h2 class="text-align-justify" id="btc-usd">BTC/USD</h2>
The rate of Bitcoin (BTC) has risen by 1.18% over the last day. <img src="https://u.today/sites/default/files/inline-images/btc1_245.png" data-entity-uuid="1b0fec9f-adbe-4bb9-8786-c3b94e38ca4e" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/BTCUSDT&quot;>TradingView</a>">
On the hourly chart, the price of BTC is falling after a false breakout of the resistance of $96,883. If bears' pressure continues, one can expect a test of the support by tomorrow. <img src="https://u.today/sites/default/files/inline-images/btc2_228.png" data-entity-uuid="e71bb84d-196b-47ff-84e0-cec0c6d815aa" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/BTCUSDT&quot;>TradingView</a>">
On the daily time frame, the rate of the main crypto is gathering energy for a further move. As it is far from key levels, traders are unlikely to see any sharp ups or downs.
In this regard, one can expect sideways trading in the zone of $94,000-$97,000 until the end of the week. <img src="https://u.today/sites/default/files/inline-images/btc3_225.png" data-entity-uuid="2b37f401-5298-43b9-afbb-20c2aa299489" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/BTCUSDT&quot;>TradingView</a>">
From the midterm point of view, the volume has declined, which means BTC might need time to accumulate energy for a further move. Likewise, consolidation in the wide range of $92,000-$98,000 is the most likely scenario.
Bitcoin is trading at $96,011 at press time. <a href="https://u.today/bitcoin-btc-price-prediction-for-december-4" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Bitcoin (BTC) Price Prediction for December 4

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