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The price of Bitcoin is around 89,015 dollars with a negative variation in the last hours of -1.21% and it has moved in a range of 88,531 dollars as minimum and 90,472 dollars as maximum in the last 24 hours. {spot}(BTCUSDT) The market shows a slight stability, although analysts point out that December has had episodes of correction and specific drops.
The RSI remains in neutral zone 50.22, which indicates that it is neither overbought nor oversold.
Despite today's specific stability, analysts warn that the market could face downward pressures in the coming weeks,
In summary, today Bitcoin remains stable around 90,000 dollars but the technical indicators and market sentiment point to a risk of downward correction in the short term.
ARK Invest Reduces Tesla Holdings at High, Reallocates Some Funds to Cryptocurrency
According to ChainCatcher, ARK Invest founder Cathie Wood revealed that as Tesla's stock price approaches a temporary high, ARK has reduced its holdings and reallocated some of the profits into the cryptocurrency sector.
She stated that the team consistently employs this method for portfolio rebalancing: when a particular stock has a significantly larger increase compared to others, they take some profits; conversely, for assets that are at a low point and under pressure, they choose to increase their allocation to optimize the overall investment structure.