Bitcoin - Overview as of 12/23/2024

Financial and commodity markets analytics


At the beginning of the week, the decline in bitcoin quotes slowed down amid the price reaching the previously mentioned range: $91500-94000. In order to make a decision on opening a position, it is necessary to monitor the behavior of traders at the current levels. Additionally, one should take into account the limited trading in key markets, this week. Tomorrow is expected to be an early close, and Wednesday is a day off, a holiday. In some countries, Thursday will also be a day off. These circumstances will affect the liquidity of instruments and may affect volatility.