Bitcoin Volatility Has Declined Significantly

Bitcoin saw a surge in volatility ahead of December options expiration, but the rally proved short-lived. BTC is currently trading at $95,000, having failed to hold the $97,730 mark.

Nevertheless, analysts remain optimistic. A breakout of the $98,000 resistance could be the catalyst for a new surge that would return Bitcoin to the $100,000 mark. This could be accompanied by large-scale liquidations of shorts worth $885 million, which would add momentum to the market.

Another positive sign is the $475 million inflow of capital into the Bitcoin ETF. This indicates that investors are returning to the market, possibly expecting an improvement in sentiment.

Forecasts for January promise further strengthening of Bitcoin, which may reach $110,000. Thus, despite recent fluctuations, the market retains potential for growth, and investors continue to monitor key resistance levels.