Bitcoin continues to trade within a narrow range as year-end volatility decreases, with no signs of a breakout. Over the past three weeks, the cryptocurrency has shown minimal movement, maintaining its position in a wave-four rebound without confirming a bullish trend. Despite minor intraday gains, the overall market trend remains stable.
As the market enters a period of low liquidity, Bitcoin is expected to remain range-bound until late December. Analysts suggest that a drop below $89,300 could indicate a shift in trend, while a rise above $94,620 may confirm a breakout.
Bitcoin Stays Range-Bound Amid Low Year-End Volatility
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