Bitcoin's critical support zone is identified between $84,000 and $85,600, where approximately 976,000 BTC have been acquired by investors. The cryptocurrency has been consolidating in the range of $82,000 to $95,000 since November 22. Maintaining a position above $84,000 is seen as crucial to preventing further price declines. Meanwhile, a recent breakout above $90,000 has sparked discussions of a potential Christmas rally.
Bitcoin Holds Key Support at $84,000 Amid Consolidation
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