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Bitcoin Price Today: Will BTC Drop Below $90k or Bounce Back?

CoinGape
Summary
Nutrition label

65% Informative

Bitcoin (BTC) price today trades at $ 95,024.0 on 11 AM .

Bitcoin price today is up 1.75% after crashing 8% this week .

Despite the recent recovery, it is unclear if BTC will climb toward $ 100,000 .

Technical analysis shows BTC could drop below $ 90,000 . Bitcoin 's market cap currently stands at $1,877.6 billion .

Bitcoin price shed 8.88% between November 22 and November 27 .

BTC dropped from a swing high of $ 99,690 and created a local bottom at $ 90,835 .

BTC is not out of the woods yet and could continue to drop lower.

Bitcoin technical analysis shows that BTC is getting rejected from the $ 95,981 and $ 96,739 resistance zeon.

Bitcoin price is likely to stay well above the six -digit territory and shows no signs of correction below it.

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