Bitcoin Technical Analysis: Bearish Signals Point to Potential Collapse Below $96,000. Bitcoin’s current valuation stands between $96,512 to $97,121 over the last hour, boasting a market capitalization of $1.91 trillion and a 24-hour trading volume amounting to $59 billion, indicative of intensified market engagement. The cryptocurrency oscillates within an intraday spectrum from $96,163 to $102,760.

The $96,000 level is critical for Bitcoin; breaking it could increase selling pressure.
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