Bitcoin's price has recently crossed the significant $100,000 mark, making headlines as it reached an all-time high of $103,804 earlier this month. However, it experienced volatility with a brief drop below $90,000 during a "flash crash" before recovering back above $100,000.
Analysts are optimistic about further growth in December, predicting strong institutional demand through Bitcoin ETF inflows and whale accumulation. Current support is near $96,000, with resistance expected around $105,000. On-chain data suggests potential pullbacks if selling pressure intensifies, but the long-term outlook remains bullish.
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