Bitcoin saw a slight decline of 1.46% on December 4: Is it a pause in momentum or a sign of weakness?

Statistics show that Bitcoin experienced a small decline of 1.46% on December 4, ending two rounds of strong increases. This indicates that buyers are taking a brief rest to consolidate their strength.

🔹 Despite the closing decline, the drop was relatively mild. Compared to the sharp drop of 8.23% during the same period in 2021 or the 4.1% decline in 2020, this proves that the current market sentiment is much more stable than in the past.

🔸 Notably, Bitcoin rose slightly by 0.37% on December 5, returning to the green zone. This indicates that the demand for buying on dips in the support area remains active.

🔹 However, historical data shows that the first week of December is often accompanied by unpredictable volatility. Therefore, investors need to be cautious of the possibility that prices may consolidate within a narrow range before a clear trend emerges.

🔸 If Bitcoin can hold the $92,000 to $93,000 range in the coming days, then the idea of breaking through the $100,000 peak before Christmas remains entirely feasible.

Do you think this pullback is an opportunity to increase positions, or a risk warning signal?

This content is for reference only and does not constitute investment advice. Please read carefully and consider prudently before making any decisions.

#Bitcoin #BTC #Cryptocurrency #MarketAnalysis #PriceTrends #TradingStrategies