Bitcoin is hovering near the $100,000 mark, with every dip being snapped up by eager buyers. U.S.-based Bitcoin ETFs saw a hefty $676 million inflow on Dec. 3, highlighting strong institutional interest. Currently, 13.5% of Bitcoin is held by institutions and ETFs, according to Capriole Investments' Charles Edwards.

The crypto market is watching Bitcoin's symmetrical triangle pattern closely, as it signals a potential breakout. If Bitcoin breaks above this pattern, it could rally to $113,331 or even $125,000. However, a drop below the triangle could see it fall to $90,000 or lower. Traders should stay alert as the market navigates this crucial phase.