coin-img-ETHETH+6.49%coin-img-BTCBTC+3.58%coin-img-SOLSOL+6.20%coin-img-UCNUCN+0.15%coin-img-XRPXRP+3.74%coin-img-USDCUSDC-0.01%coin-img-SUISUI+13.51%coin-img-DOGEDOGE+4.14%coin-img-ETHETH+6.49%coin-img-BTCBTC+3.58%coin-img-SOLSOL+6.20%coin-img-UCNUCN+0.15%coin-img-XRPXRP+3.74%coin-img-USDCUSDC-0.01%coin-img-SUISUI+13.51%coin-img-DOGEDOGE+4.14%coin-img-ETHETH+6.49%coin-img-BTCBTC+3.58%coin-img-SOLSOL+6.20%coin-img-UCNUCN+0.15%coin-img-XRPXRP+3.74%coin-img-USDCUSDC-0.01%coin-img-SUISUI+13.51%coin-img-DOGEDOGE+4.14%coin-img-ETHETH+6.49%coin-img-BTCBTC+3.58%coin-img-SOLSOL+6.20%coin-img-UCNUCN+0.15%coin-img-XRPXRP+3.74%coin-img-USDCUSDC-0.01%coin-img-SUISUI+13.51%coin-img-DOGEDOGE+4.14%

Bitcoin Support at $89,923 After Rally, Analyst Cautions on Chasing Price

Bitcoin held support at $89,923 following a strong rally on Dec. 2, on-chain analyst Murphy said. The 4-hour chart deviated significantly from the standard line at $89,923, with price reaching the fourth expected level and making further aggressive gains difficult. The daily chart remains below a bearish trendline but is approaching $93,958, where a breakout could reverse momentum with targets at $95,604 and $99,108.
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