Bitcoin's price remains under pressure as it trades in what analysts describe as a ‘void between liquidity’. After dropping to $91,500 on December 30, the price increased briefly to $96,250 on New Year's Eve, trying to avoid closing below a potential head-and-shoulders pattern that indicates further decline to the $80,000 to $76,000 range. Analysts stress the importance of maintaining the $94,000 level to keep BTC within the $92,000 to $100,000 range. Despite the New Year rally, sellers dominate, with data showing spot selling across exchanges and a futures-driven price bounce. Popular trader Skew highlights that Bitcoin is experiencing imbalanced liquidity dynamics, urging traders to observe bid and ask liquidity in the upcoming days. The ideal situation for traders would be for BTC to maintain levels above $94,000 leading into 2025, potentially enabling an attempt to surmount the resistance at $98,800.

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