We are entering an important period for Bitcoin. Especially if the weekly closing is positive, it can cause significant volatility in the coming days. The approach of monthly and annual closings is also important, as this situation can cause significant changes in the Bitcoin market.

Another significant detail is the possibility of major investors withdrawing from the market with the arrival of the new year and the holiday of US exchanges. This situation could lead to serious directional movements in Bitcoin. It may therefore be beneficial to carefully monitor liquidation rates and long-short ratios. These data can provide significant clues in understanding market trends and investors’ positions.

‣ Bitcoin (BTC) The BTC/USD parity as of the time of writing has increased 0.58% and is trading at $43259. Resistance levels for BTC are in the range of $44000 – $44400, support levels are in the range of $42 – $41800.

‣ Ethereum (ETH) As of the time of writing, the ETH/USDT parity has increased by 0.79% and is trading at $2283. The resistance levels for ETH are in the range of $2294 – $2386, while the support levels are in the range of $2150 – $2077.

‣ Polkadot (DOT) As of the time of writing, the DOT/USD parity has increased by 7.66% and is trading at $9.27. The resistance levels for DOT are in the range of $9.52 – $10.46, while the support levels are in the range of $8.63 – $7.76.

‣Cyber (CYBER) As of the time of writing, the CYBER/USD parity has increased by 10.17% and is trading at $7.31. The resistance levels for CYBER are in the range of $7.36 – $7.96, while the support levels are in the range of $6.46 – $6.20.

‣ MultiversX (EGLD) As of the time of writing, the EGLD/USD parity has a 4.30% increase and is trading at $75.87. The resistance levels for EGLD are in the range of $86.92 – $101.23, while the support levels are in the range of $63.30 – $60.88.

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