Bitcoin under $100k again...Is it now Bearish?In late November 2024, we believed that BINANCE:BTCUSD 's momentum rating shifted from 'Bullish' to 'Warning' Territory.
We have not since re-classified this rating, and Bitcoin remains in a position which may warrant caution and high-volatility.
With the price of BTC again retracing beneath the $100k USD mark, further downside caution may be warranted.
What's next for Bitcoin? Stay tuned for more updates...