Here's the latest update on Bitcoin (BTC). As of today, December 10, 2024, Bitcoin is hovering around $98,000 after a volatile Thursday when it surpassed the $100K milestone and underwent a sharp correction.¹

The current price trend is influenced by strong institutional demand, whale accumulation, and the choice of a pro-crypto figure to lead the US SEC. However, it's essential to keep an eye on the price movements and market trends to make informed decisions.

Additionally, Bitcoin has broken through the floor of a rising trend channel in the short term, indicating a slower rising rate at first, or the start of a more horizontal development.²

Would you like to know more about Bitcoin's technical analysis or the current market trends?