Bitcoin's current trajectory shows mixed but generally optimistic sentiments as 2024 nears its end. Key factors shaping its future include:

Bitcoin recently hit new highs of $102,000 but has fluctuated since. Analysts suggest it may cross $100,000 again in December, driven by institutional demand and ETF inflows. However, strong resistance levels around $105,000 may lead to temporary pullbacks

Bitcoin remains highly volatile, influenced by macroeconomic factors, regulatory changes, and market speculation. In the short term, its ability to reclaim critical support levels like $99,588 will determine whether it sustains or surpasses its current highs.

As always, it is important to conduct thorough research or consult financial experts before making investment decisions in such a volatile market.

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