Bitcoin (BTC) has shown a strong upward trajectory in 2024, recently surpassing the $100,000 mark for the first time. Analysts predict the price will likely continue its bullish trend in December, driven by factors such as increased institutional adoption, ETF approvals, and macroeconomic developments like potential interest rate cuts by the Federal Reserve.
For December 2024, Bitcoin’s price is expected to range between $92,000 and $105,000, with a potential to test $110,000 if it breaks key resistance levels. On the lower side, support is projected around $89,000. This growth reflects heightened investor interest and a steady upward trend in the crypto market   .
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