BTC Upcoming Prediction
Bitcoin (BTC) has recently shown bullish momentum, with its price currently hovering around $96,800. Analysts suggest that it could climb past $100,000 by the end of December, driven by institutional demand, particularly through Bitcoin ETFs. However, it faces resistance near $105,000.
Some experts, like those at ARK Invest, predict BTC may reach $124,000 or higher by the end of 2024 if historical trends and institutional interest persist. Others believe levels as high as $130,000 or even $140,000 are possible due to positive market structures.
In the short term, BTC is trading in a range of key support ($91,500–$98,000) and resistance levels ($102,000–$105,000). Sentiment indicators, such as the Fear & Greed Index, are showing "Extreme Greed," signaling strong market optimism but also caution about potential overvaluation.
Investors should monitor macroeconomic factors, ETF flows, and market sentiment closely, as the crypto market remains highly volatile. For more detailed analysis, consult sources like or .#BTC☀