Bitcoin (BTCUSD) Price Resumes the Upward Path – Today's Forecast 12-12-2024
Bitcoin (BTCUSD) price provided more positive trading yesterday to settle above the $101000.00 barrier, reinforcing expectations of resuming the main upward trend and heading towards achieving more gains during the coming period, noting that the next targets start at $104060.00 and extend to $106000.00 after breaching the previous level.
Moving above the 50 moving average supports the proposed upward wave, which will remain in place provided that it remains above the $98270.00 level.
The expected trading range for today is between the support $99500.00 and the resistance $105000.00
Today's price forecast: High