Bitcoin Faces Immediate Key Levels At $76,000 And $99,000 — What Comes Next?

Bitcoin’s bearish momentum has since reached a cool-off state, as price maintains above the last swing low established late November. However, although there has been a steady uptrend, signs of a bullish reversal remain weak. Interestingly, a recent evaluation has been published, which delves into the factors that may affect Bitcoin’s next major move. Related Reading: Silk Road Bitcoins Are On The Move Again, Is The BTC Price Ready For Another Dump? Analyst Points To Key Support, Resistance Zones Using MVRV Metric In an X post released on December 12, market analyst Ali Martinez shares that Bitcoin’s next significant move depends on how the price acts around a set of identified critical levels using data from the MVRV Extreme Deviation Pricing Bands source: https://www.newsbtc.com/news/bitcoin/bitcoin-faces-immediate-key-levels-at-76000-and-99000-what-comes-next/