BTC Faces Crucial Resistance as Market Watches December Trends
Bitcoin continues to rebound after touching the chart zone described as the “box of despair,” a deep demand area between $76,000 and $86,000. The price bounced after sliding through several support bands in November and now trades near $91,500.
The chart shows a clear reaction from the same zone that formed the asset’s earlier yearly bottom. Bitcoin previously climbed from that zone and entered a long uptrend that stretched from April to July, lifting the asset toward the $128,000 to $132,000 region.
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