Can BTC Avoid a $93K Bull Trap? 5 Things to Know This Week

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Bitcoin hit $93,000 for the first time in almost a month on Venezuela volatility, but BTC price forecasts include a sweep of $80,000 lows.

Bitcoin launches its first launches its first meaningful rebound in weeks as geopolitics excites world assets.

Bitcoin price gains see a return to $93,000 after a nearly month-long absence, but traders are skeptical.

A key golden cross is almost here on the four-hour chart, paving the way for further market strength.

Venezuela reactions form the key focus for risk-asset traders this week.

US labor-market data is due as expectations of a Fed rate cut this month fade.

Bitcoin whales remain active sellers, upping distribution over the new year.

Bitcoin price breakout or sub-$80,000 next?
Bitcoin is finally giving bulls some relief this week as BTC price action reacts favorably to geopolitical events — will it last?

That question is getting some serious attention from traders and commentators as BTC/USD hits $93,000 for the first time since Dec. 11.


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