$BTC

The latest Bitcoin (BTC) news suggests that the BTC price is expected to experience two significant declines before reaching a new record high of US$225,000. Certified market analyst Adrian Zdunczyk predicts that the decline will range between 20% and 30% ¹.

Currently, the Bitcoin price is around US$98,859, after recovering by 7% from the previous decline ¹. BTC trading volume is also concentrated in the US$90,915 to US$100,000 price range, with 68% of the trading volume occurring between November 11 and December 11 ¹.

Here are some *Key Levels* to watch out for:

- _Key Resistance Level_: Bitcoin must pass the high value area (VAH) at US$100,000.

- _Support Level_: If Bitcoin fails to break through this resistance, there is a possibility that the price will fall again to test the low value area (VAL) at US$90,915 ¹.

In addition, the Bitcoin price today is US$96,771.01 with a 24-hour trading volume of US$49,912,803,131, indicating a price decline of -1.88% in the last 24 hours ².