#btc Today, Bitcoin (BTC) is trading around $98,300, reflecting a 0.33% decrease in the past 24 hours. The cryptocurrency market remains relatively stable despite significant events earlier in the year, such as Bitcoin's halving in April. Analysts suggest that Bitcoin could breach the $100,000 psychological barrier soon, with projections for December 2024 ranging between $89,125 and $104,582.

In the short term, Bitcoin is navigating mixed signals from technical indicators, with some showing bullish sentiment while others lean bearish. However, long-term sentiment remains optimistic due to increased adoption, ETF approvals, and macroeconomic recovery.

Traders should watch key resistance levels near $100,000 and prepare for potential volatility, especially as market activity intensifies toward the year's end. Maintaining a strategic investment approach is crucial in this dynamic market.