On December 2, QCP released a daily outlook stating that Bitcoin briefly touched $98,000 during the Thanksgiving holiday, driven by Michael Saylor showcasing his Bitcoin investment strategy to Microsoft. Microsoft shareholders are set to vote on December 10 on whether to include Bitcoin in their balance sheet. Could this be the catalyst for Bitcoin to break $100,000 before the end of the year? Major Microsoft shareholders, such as Vanguard, BlackRock, and Fidelity, have gained exposure to cryptocurrencies by investing in MSTR, Coinbase, and other crypto companies. Some may argue that they already have sufficient exposure. However, if the proposal passes, it would not only benefit Bitcoin but also positively impact their other investments. As we await Microsoft's decision next week, U.S. employment and labor data will once again be in the spotlight this week. ISM manufacturing data and PMI data are scheduled for release on Monday and Wednesday, respectively. However, the focus of the week is on Friday's non-farm payroll data. The market will closely monitor this week's reports to better grasp inflation trends, especially ahead of the interest rate decision on December 17-18.

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