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Bitcoin (BTC) Price Prediction for December 13
The cryptocurrency market has been experiencing significant fluctuations in recent days, with many assets experiencing massive growth or decline. In the case of Bitcoin (BTC), it’s currently trading at $101,335.
Recent Analysis and Predictions:
In a recent analysis, Denys Serhiichuk, a seasoned trader with more than 5 years of experience, highlighted that if the daily bar closes far from the $100,767 level, an upward move is likely to continue, potentially reaching the $102,000 area.
This prediction is based on the assumption that the market will not have significant volatility. However, it’s essential to note that the cryptocurrency market can be unpredictable and subject to sudden changes in sentiment.
Long-term Perspective:
From a midterm point of view, the situation remains bullish. If the weekly candle closes near the $103,647 level, traders may witness its breakout, followed by further growth.
In summary, based on recent analysis and predictions, it is likely that Bitcoin will continue to move upwardly, with potential targets at $102,000 or higher if volatility doesn’t significantly impact the market.
Source: u.today
