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Bitcoin (BTC) Price Prediction for December 17
As the market continues to fluctuate, many are left wondering what the future holds for the price of Bitcoin (BTC). In this prediction, we’ll take a closer look at the current situation and provide insights on what might happen in the near future.
According to Denys Serhiichuk, a renowned analyst with over 5 years of trading experience, it’s likely that Bitcoin will not break through the resistance level near $105,149. If this scenario unfolds, there is a chance for the price to drop to the $100,000 zone.
In the short-term perspective, traders should focus on the daily candle closure and its relation to the mentioned resistance mark. A false breakout could lead to a correction down to $100,000.
Source: u.today
