PANews reported on December 14th that, according to Coindesk, Bitcoin fell below the $90,000 mark this Sunday, and the overall cryptocurrency market remains weakPANews reported on December 14th that, according to Coindesk, Bitcoin fell below the $90,000 mark this Sunday, and the overall cryptocurrency market remains weak
Analysis: The market is closely watching several macroeconomic data releases next week. If BTC falls below $86,000, it may experience a more significant pullback.
PANews reported on December 14th that, according to Coindesk, Bitcoin fell below the $90,000 mark this Sunday, and the overall cryptocurrency market remains weak. Analyst Ali Martinez pointed out that $86,000 remains a crucial price level for Bitcoin to hold; a breach of this support level could lead to a more significant pullback. The market is taking a short break ahead of a series of macroeconomic data releases in the coming days. Investors will be closely watching a range of employment indicators, including the unemployment rate, ADP employment data, and weekly initial jobless claims, as well as November inflation data and the yen's interest rate hike. Currently, the cryptocurrency market remains range-bound with low trading volume and limited market confidence.
Market Opportunity
Bitcoin Price(BTC)
$87,799.98
$87,799.98$87,799.98
USD
Bitcoin (BTC) Live Price Chart
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