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Bitcoin (BTC) Price Prediction for December 13
As the cryptocurrency market continues to show resilience and enthusiasm, Denys Serhiichuk, a seasoned trader with over five years of experience, has published a new price prediction for Bitcoin (BTC).
According to his analysis, if the bar closes far from the $100,767 level, the upward move is likely to continue to the $102,000 area. This scenario would be supported by the accumulation of energy in the market.
Looking at the bigger time frame, it’s crucial to focus on the bar closure in terms of the $102,098 level. If its breakout occurs, the accumulated energy might be enough for a test of the all-time high within the next few days.
In addition, from the midterm perspective, the situation remains bullish. The possibility of the weekly candle closing near the $103,647 level would lead to a potential breakout followed by further growth.
At the time of writing, Bitcoin is trading at $101,335.
Serhiichuk’s prediction comes as a reassuring signal for investors and traders looking to capitalize on the current market trends.
Source: u.today
