Analysis
December 18, 2024 12:40 PM
Bitcoin, the leading cryptocurrency, fell below the $104,000 level, marking a 2.38% decline in the last 24 hours. Coingecko data shows BTC is currently priced at $103,944, as volatility continues to shape market sentiment.
This downward trend follows recent price fluctuations amid broader macroeconomic uncertainties and ongoing corrections in the crypto space. Traders are closely monitoring support levels to assess Bitcoin's next move.
The dip reflects ongoing market volatility, and $104,000 now serves as a critical level for short-term traders. Analysts suggest watching for potential rebounds or further downward pressure in the coming sessions.
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