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Daily #Bitcoin update - december 5
BTC is around $89K
> It bounced, but keeps failing around $93–96K → that’s strong resistance
First support is around $86–87K. Lose that and price can slide toward the low–mid $70Ks
What it means:
> Below $93–96K = just a bounce inside a downtrend
> Only if BTC breaks and holds above that zone can we talk about a real move higher
Until then, becareful here. still not a confirmed new bull leg.