#BTCNextMove Bitcoin is expected to end the year 2024 by changing hands in a trading channel between $ 98,923 and $ 108,395.

This would imply that the price of BTC raised by 14.09% as compared to today's price.

Bitcoin's short-term 50-day SMA is estimated to hit $ 104,948 by 19 January, 2025.

The Relative Strength Index (RSI) value is at 56.04 currently, which points out that BTC market is in neutral position.

Bitcoin price is positively correlated with the top 10 coins by market cap with a price of 0.539 excluding Tether (USDT) and positively correlated with top 100 coins excluding all stable coins with a price of 0.482.

It's predicted that Bitcoin's price will increase by 1.00% by December, 21, 2024.