BTC under 100,000 USD for weeks: Bitcoin has consolidated below 100,000 USD for almost three weeks, generating significant interest. Microsoft and Amazon shareholders debate BTC adoption, reflecting the cryptocurrency’s growing appeal among MAJOR corporations. The price action aligns with discussions about integrating Bitcoin into financial strategies for long-term benefits.
Potential BTC support around 96,000 USD: Bitcoin’s current correction phase sees its price testing significant support levels. Analysts identify a potential bounce around 96,000 USD if the support holds. This level is crucial as it corresponds with technical patterns predicting possible continuation of bullish momentum, despite the correction in its current price action.