With Bitcoin's (BTC) price hovering between $90,000 and $108,000 this December, investors are anxious about whether the cryptocurrency will end the year positively. After recently losing the $100,000 support, BTC's sideways movement has prompted analysts to emphasize critical price levels.
Altcoin Sherpa noted potential weird price action in coming weeks, hinting at a possible rally and vibrant alt season. Meanwhile, other experts highlight key zones—Daan Crypto Trades emphasized liquidity building at $94,000 and $100,000 levels. Some suggest zooming out for perspective, as BTC remains within its historical range.
Carl Runefelt and Ali Martinez warned about falling below the $92,500-$92,730 support zone, signaling potential drops to $86,000 or even $70,000. Still, Martinez insists closing above $97,300 and $100,000 could reignite bullish sentiment.
At $94,587 currently, Bitcoin's journey remains a must-watch to see if it finishes the year on a high note, bringing excitement and potential gains to crypto enthusiasts.
