Bitcoin Price Forecast: BTC extends upside above $107K as Microstratergy and Riot expand Bitcoin holdings

Cryptos | 12/17/2024 13:37:00 GMT

Bitcoin price today: $107,300

Bitcoin price trades above $107,300 on Tuesday after reaching a new high of $107,793 the previous day.

The recent rally in Bitcoin is supported by corporates like Microstragertgy and Riot platforms, which added more BTC to their holdings.

The technical outlook suggests a rally continuation, projecting a target of $119,500.

Bitcoin (BTC) price trades in green, trading above $107,000 on Tuesday after reaching a record level of $107,793 the previous day. The recent rally in BTC is supported by corporations like MicroStragerty and Riot Platforms, which added more BTC to their holdings. The technical outlook remains bullish, supporting the ongoing rally, and projects a target of $119,500.