Bitcoin's price has seen some fluctuation recently but continues its upward trajectory overall. As of now, Bitcoin is trading around $96,795 to $97,394, depending on the exchange. This represents a modest daily increase of around 0.9% and a significant rise over the past month, with a 40% surge from early November prices.
Analysts remain optimistic that Bitcoin could break the $100,000 barrier in December. Factors such as growing institutional interest, particularly from Bitcoin ETFs, and strong accumulation by large holders (whales) are fueling this bullish sentiment. However, resistance at historical levels, such as $99,588 and $105,000, could impact short-term growth.
If you're tracking Bitcoin for investment or trading, it may be a critical time as momentum continues to build toward year-end. Let me know if you'd like more insights or tools for monitoring crypto markets!$BTC
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