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**Bitcoin (BTC) Price Prediction for December 12**
As the cryptocurrency market continues to rise and fall with unprecedented speed and unpredictability, our analysts are hard at work providing you with the most accurate and reliable information. Today, we’re taking a closer look at Bitcoin’s current state.
According to our predictions, if the bar closes far from the $100,767 level, the upward move is likely to continue to the $102,000 area. This prediction is based on recent market trends and technical analysis of the cryptocurrency’s chart.
In the bigger picture, we’re focusing on the bar closure in terms of the $102,098 level. If its breakout occurs, the accumulated energy might be enough for a test of the all-time high within the next few days.
From the midterm perspective, the situation remains bullish. In the event that the weekly candle closes near the $103,647 level, traders may witness its breakout, followed by further growth.
At press time, Bitcoin is trading at $101,335.
It’s essential to note that cryptocurrency markets are notoriously volatile and unpredictable. While our predictions are based on thorough analysis of market trends and historical data, they should not be taken as investment advice.
Stay tuned for more insights and updates from U.Today!
Source: u.today
