Bitcoin December Trend Prediction: Will It Break 100,000 or Correct?

With the start of December, Bitcoin surged to a historic high of 99,600 in November due to the U.S. elections. This rise is closely related to the victory of Art and the strategic reserve plans of various countries regarding Bitcoin.

However, Bitcoin is currently facing selling pressure at the 100,000 mark. Although the selling pressure is weakening, the support below still seems insufficient, and clear signs of a market correction are evident.

From a medium to long-term perspective, the daily and weekly supports remain effective, and Bitcoin still has the potential to break through the 100,000 mark by the end of 2024.

However, to achieve this goal, it will need to go through multiple fluctuations, using a strategy of rising first and falling later to deceive short sellers before breaking through in one go.

It is worth noting that the first phase of the bull market has just ended, and one should approach price movements rationally, manage positions well, take profits and stop losses, and avoid blindly chasing rises and falls. $BTC $ETH $XRP #微软比特币投资投票案 #NFT市场回暖 #ETH持续飙升 #XRP市值重回第三 #XRP解锁新趋势