Bitcoin Price Forecast Update Today 12-12-2024

Bitcoin (BTCUSD) price is fluctuating around the $101000.00 level, and is affected by the negativity of the Stochastic indicator that hinders the price's mission to rise, waiting for a positive incentive that contributes to pushing the price to resume the upward wave targeting the $104060.00 levels and then $106000.00 as subsequent positive stations.

Therefore, we continue to favor the upward trend for the coming period unless the $98270.00 level is broken and stabilized below it.

The expected trading range for today is between the support $99500.00 and the resistance $105000.00

Price forecast for today: High $BTC