#BTCNewATH

$BTC is generally bullish with the Index indicating "Extreme Greed." Analysts suggest factors like strong institutional demand.

$BTC attained a new recent all-time high $105,420 on December 16 2024, but it seems to be retracing due to profit-taking by investors and traders. A Fed rate cut is expected on December 18 could boost risk assets like $BTC potentially helping it test $110,000 by the year's end.

However the market is volatile and a good risk management is needed.The whales signal a long-term bull momentum. Ensure that you make the trend your friend. Short-term movements depend on institutional inflows and macroeconomic developments.