Bitcoin Daily Analysis $BTC 12/15/2024 indicates that the positive momentum of the digital currency continues with signs of additional gains in the near term. Bitcoin is currently trading above the $101,000 level, which reinforces expectations of an upward move towards upcoming resistance levels that may reach $104,000, taking into account the need for the price to remain above these points to consolidate the upward trend
On the technical front, $BTC indicators such as moving averages and the Relative Strength Index (RSI) are showing mixed signals; Bitcoin is currently close to resistance areas, which may require attention to the possibility of short-term price fluctuations. However, some analysts expect $BTC to record a positive Q4 performance based on historical trends that have shown a recovery during similar periods.
Overall, traders are advised to keep an eye on the support level at $98,000 and the major resistance level at $104,060 while carefully managing risks.