📉 #Bitcoin Drops Below $97K: A Buying Opportunity?


$BTC ’s price fell 12% this week, slipping under $97K. Historically, pullbacks like this have signaled opportunities for accumulation.


💡 Key Insights:

*/ Holiday Selling Pressure: The Coinbase Premium Index shows heightened selling, but these dips often attract new buyers.

*/ HODLing Increases: On-chain data reveals fewer BTC transactions in profit, suggesting investors are holding for future gains.

*/ Support Levels: Key supports at $92,888 and $95,871 may fuel a bounce back to $104K$108K.


Could this be a short-term dip before Bitcoin’s year-end rally? 🌟


#BTC Price Analysis#

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December 25, 2024 at 3:44 AM
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