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Bitcoin (BTC) Price Prediction for December 15
According to recent market trends and technical analysis, it appears that the rate of Bitcoin (BTC) will consolidate within a narrow range of $101,600-$102,600 by tomorrow. Denys Serhiichuk, a seasoned trader with more than 5 years of experience, has shared his insights on the current situation.
In his latest update, Serhiichuk emphasized that if the daily closure does not reach yesterday’s bar peak of $102,638, he expects a local correction to take place and potentially retest the $101,000 zone. This prediction is based on the analysis of larger time frames and the absence of major levels for the coin.
As the market continues to navigate the current situation, traders are advised to focus on the candle closure’s peak in terms of its current price. If this event occurs around the current prices, a test of the $104,630 level is possible next week.
At the time of writing, Bitcoin is trading at $102,019.
Source: TradingView
Source: u.today
