Orhan 
Current State of Bitcoin and Cryptocurrencies: December 2
Wondering about the latest trends in Bitcoin and popular altcoins? Will the upward momentum continue? Let’s explore key support and resistance levels, liquidations, top gainers and losers, upcoming events, and other details!
Bitcoin Intraday Key Levels
The BTC/USDT pair has dropped by 0.2% in the last 24 hours, currently trading at $96,290. As long as Bitcoin stays above the $96,600 level, the outlook remains positive.
If this level holds, there’s a chance for another move to test the $100,000 mark, with potential resistance at $98,200. A sustained 4-hour close above this level could target the all-time high (ATH) zone. However, if Bitcoin fails to break higher, a retest of the $91,408 level may provide relief.
- Support levels: $96,600, $94,400
- Resistance levels: $98,200, ATH zone
Altcoin Highlights
Ethereum (ETH):
- Current Price: $3,664
- 24-hour Change: -1.7%
- Resistance Levels: $3,950, ATH levels
- Support Levels: $3,500, $3,380
Dogecoin (DOGE):
- Current Price: $0.431
- 24-hour Change: +1.1%
- Resistance Levels: $0.437, $0.480
- Support Levels: $0.40, $0.36
Avalanche (AVAX):
- Current Price: $47.57
- 24-hour Change: +7.38%
- Resistance Levels: $50.5, $53
- Support Levels: $40.60, $36
Trending Coins
The most trending coins in the last 24 hours are bitsCrunch Token (BCUT), Hedera (HBAR), and XRP (XRP).
Top Gainers:
- Bazaars (BZR)
- Dash (DASH)
- Hedera (HBAR)
Top Losers:
- Gigachad (GIGA)
- Just a chill guy (CHILLGUY)
- Zerebro (ZEREBRO)
Bitcoin Liquidation Map
Analyzing Bitcoin’s 12-hour liquidation map:
- Upper Target: $97,600 with $48M in liquidations
- Lower Target: $95,600 with $48M in liquidations
Stay tuned for more updates as the crypto market evolves!
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