#BTCNextMove
At the moment, on December 20, 2024, BTC changes hands for about $97,135 with a decline of approximately 1.26% compared to the previous close.
Earlier this month, Bitcoin crossed over the price barrier of $100,000, reaching the high level of more than $103,000. That was believed to be supported by grown optimism after a pro-crypto administration has been elected in the United States, and accordingly, now more regulatory clarity and support is expected from the U.S. administration. 
Going forward, several things may shape Bitcoin's price trajectory in the future, including but not limited to:
• Regulation: More crypto-friendly regulations may be enacted soon and are expected to instill investor confidence for further adoption.
• Market Sentiment: Currently, according to analysts, the market is in a "Belief/Denial" stage, which indicates increased confidence among investors. 
• Technical Analysis: Important levels of support and resistance point toward a potential retest of $100,000 soon, though there is a possibility of volatility in the short run. 
It’s important to note that the cryptocurrency market is highly volatile, and while the overall trend for Bitcoin appears positive, short-term fluctuations are common. Investors should stay informed and consider their risk tolerance when making investment decisions.