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Bitcoin (BTC) Price Prediction for December 12
The cryptocurrency market is witnessing a significant surge in the price of Bitcoin (BTC), which has broken past the $100,000 mark. As we approach the end of the year, investors are left wondering whether this upward momentum will continue or if it’s just a temporary phenomenon.
Based on my analysis of the charts, I believe that as long as 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 technical indicators and market trends.
From a midterm perspective, things are looking even more bullish. If the weekly candle closes near the $103,647 level, traders may witness its breakout, followed by further growth.
Source: u.today
