As 2024 wraps up, Bitcoin sits tantalizingly close to the $100K milestone, trading at $96,316. While it’s down slightly by 0.35% since December’s start, the holiday magic might still be brewing. Could Santa gift the crypto world a six-figure Bitcoin? Let’s unwrap the possibilities! 🎁✨

🎢 Bitcoin’s Rollercoaster Momentum

Bitcoin entered December near record highs but saw a sharp drop of $15,000 from last week’s peak. Yet, in true Bitcoin fashion, it bounced back with a 2.28% gain in the last two hours, keeping traders on edge.

🌟 2024 Highlights:
• Q4 Surge: Up 49% this quarter.
• Year-to-Date Gain: A jaw-dropping 124%.
• Annual Low Recovery: A massive 157% gain from 2024’s bottom.

While December feels quieter than usual, history tells us Bitcoin loves to keep us guessing—especially during the holidays.

🔍 What the Charts Say:

RSI Signals:
📊 Monthly RSI: At 75.20, Bitcoin is entering overbought territory but still has room to grow. During past bull runs, RSI levels have hit 96—is another surge on the horizon?
📈 Hourly RSI: Sitting at 62, a short-term push remains possible.

Resistance Levels:
🔒 Immediate Barrier: $96,400.
🔒 Major Resistance: $108,000—breaking this could pave the way to $100K+.

Whale Activity:
🐋 Whales are thinning resistance in the $90K zone, signaling possible momentum. But remember, their moves can cause sudden volatility—stay alert!

🎅 A Christmas Miracle in Sight?

Bitcoin’s final weekly candle of 2024 could still bring surprises:
🎄 The Bullish Case:
• Strong market sentiment supports a potential rally.
• Lower resistance could allow Bitcoin to breach the $100K mark.

🎄 The Cautious Case:
• Whale-driven liquidations might hold Bitcoin back.
• Resistance above $108K remains a major challenge.

🌟 Do You Believe in Miracles?

Bitcoin has proven time and again that it can defy the odds. Will this be the year it crosses into six-figure territory during the festive season?

Share your thoughts below and let’s keep the holiday cheer alive! 🎄✨

🎅 Merry Christmas, Crypto Family! 🎁
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