Bitcoin is flirting with the $100,000 mark as December kicks off, following a record-breaking November. Despite the excitement, BTC remains just shy of this milestone, hovering around $95,000. Analysts note a successful support retest at $91,000, hinting at potential upward momentum if BTC closes above $97,450. Market stability is evident, with funding rates staying low, even as BTC nears all-time highs. Meanwhile, US employment data and the Federal Reserve's upcoming interest rate decision could influence Bitcoin's trajectory. The Spent Output Profit Ratio (SOPR) shows bullish signs, suggesting a possible sharp rise soon.