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**Bitcoin (BTC) Price Prediction for December 22**
In a recent analysis, Denys Serhiichuk, a well-known trader and analyst, provided his insights on the current market situation and potential future trends. According to his findings, the price action is not showing any clear signs of a breakout or trend reversal at this point.
As a result, it’s likely that the growth may continue to the $98,000 area tomorrow. However, traders should be aware that neither side is currently dominating the market, which means sharp moves are unlikely in the near future.
Looking at the bigger picture, Denys emphasized the importance of observing the weekly bar closure and its proximity to the key level of $97,092. If the candle closes far from it, a local bounce back to the $100,000 area may be seen before the end of the month.
As Bitcoin is currently trading at $96,396, it will be interesting to see how the market reacts in the coming hours and days.
Source: u.today
