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Bitcoin (BTC) Price Prediction for December 17
As of now, the price of Bitcoin (BTC) is trading at $104,807. In a recent prediction, Denys Serhiichuk has shared his insights on the current market situation.
According to his analysis, if the price does not change its behavior by the end of the day, it is more likely that the cryptocurrency will continue to trade sideways in a narrow range of $104,000-$106,000. However, there is still a possibility for a false breakout and potential drop to the $100,000 zone.
It’s also worth noting that Denys suggests keeping an eye on the weekly candle’s closure regarding the $105,149 level. If this does not happen, it could lead to further corrections towards $102,000.
This prediction highlights the importance of monitoring market trends closely and staying informed about any potential changes in the crypto space.
Source: U.Today
Source: u.today
