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Trading Recommendations for the Cryptocurrency Market on December 9
Bitcoin has failed to hold above
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Bitcoin has failed to hold above $92,000 and has retraced to below $90,000. Ethereum is also facing some challenges in sustaining its upward momentum. However, looking at the technical picture over the past few weeks, the odds are still in favor of buyers, and the chances of a new wave of growth after the Federal Reserve meeting are quite high.In a recent report by Glassnode, the Trend Score indicator suggests strong buying of BTC among nearly all types of investors,
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Maxim Magdalinin
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