🚀 #Bitcoin December starts with a target of $100K but still hasn't reached it!
- November 2024 recorded the largest USD increase ever for BTC.
- Market data shows no overly hot conditions, supporting a continued upward trend.
- BTC is hovering around $95K, can it break through the $100K threshold?
📈 Rekt Capital: Closing above $97,450 could trigger a new upward trend.
- Current support: $95K and $90K.
- November created the largest monthly candle in BTC history.
💡 Charles Edwards: "Each cycle has 4-7 months of wild price increases. November is the beginning!"
- The funding rate is stable, with no signs of an overly hot market.
- U.S. employment data and the upcoming Fed interest rate decision may affect BTC.
🔍 SOPR "golden cross" indicates the potential for a strong increase in the next 2 months.
Do you think BTC will reach $100K before Christmas? Share your thoughts! 💬