As of December 2024, Bitcoin has crossed significant milestones, nearing $102,000. Analysts predict this bullish trend could continue, driven by:
Institutional Demand: Increased inflows from Bitcoin ETFs have contributed to market growth.
Whale Activity: Key stakeholders are accumulating large amounts of BTC, reflecting confidence in further gains.
Resistance Levels: Experts highlight $105,000 as a critical resistance. If breached, it could lead to even higher targets.
While the bullish sentiment dominates, short-term corrections are possible. It’s essential to monitor macroeconomic factors and investor sentiment for future trends.
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