Bitcoin Up 1% To $94,000: ‘Sweet’ Setup Going Into 2025, But Beware A Drop Below $93,000, Experts Say

Bitcoin’s (CRYPTO: BTC) relatively subdued performance over the past week has traders speculating whether prices might fall below key support levels before year-end.

What Happened: Chris Burniske, a crypto industry expert and former ARK Invest analyst, remains optimistic despite Bitcoin’s 15% retracement from its highs.

He points out that quality altcoins are showing resilience, forming higher lows on key timeframes, which suggests the market structure remains healthy.

In a post on X on Saturday, Burniske noted that sentiment and funding rates reveal diminished enthusiasm among late bulls.

However, bullish Q4 developments, coupled with the current fear in the market, present what he calls …

Full story available on Benzinga.com

  • bitcoinBitcoin (BTC) $ 94,373.00
  • dogecoinDogecoin (DOGE) $ 0.332441
  • shiba-inuShiba Inu (SHIB) $ 0.000022
  • litecoinLitecoin (LTC) $ 103.72
  • pepePepe (PEPE) $ 0.000018
  • bellscoinBellscoin (BELLS) $ 0.418815
  • luckycoinLuckycoin (LKY) $ 0.794296