Technical analysis by arongroups about Symbol BTC: Buy recommendation (12/30/2024)

Bitcoin (BTC) is still trading within a descending channel on the 4-hour time frame and is now approaching one of the key points of the channel. A look at the chart shows that if the support at $91,563 holds, Bitcoin could continue its upward movement to the resistance at the ceiling of the descending channel at $99,314.