Bitcoin is down 8% on a weekly basis, but bulls are aggressively buying at weekly lows, which is a positive sign. Analysts are divided on the direction after the recovery. While some expect the correction to deepen, others predict the uptrend will continue.

US spot Bitcoin ETFs have failed to attract investor interest. $617.9 million was outflowed on December 19 and $277 million on December 20, indicating profit taking by investors.

A tough fight is expected between bulls and bears at $100,000 in the coming days. If Bitcoin stays above this level, crypto market sentiment could improve.

What do you think will be Bitcoin’s future? Share your thoughts in the comments.