The post Bitcoin (BTC) Price Prediction (Dec 06th 2024) appeared first on Coinpedia Fintech News
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The Bitcoin price records a new ATH of $103,900.47 on 05th December 2024.
Increased liquidation resulted in the BTC price losing over $12,000 within hours.
The technical indicators record mixed price sentiment, indicating uncertain price action.
The Bitcoin price has experienced a strong bearish reversal in its price by recording a correction of ~6%. Notably, the BTC price lost over $12,000 within hours before stabilizing around the $92k mark. However, the crypto token is currently hovering around the $97k mark.
With the Bitcoin price reclaiming the $97k during the early Asian trading hours, will the star crypto surpass the $100,000 mark and head toward a new ATH?
BTC Price Retests Its Lower Support Levels!
After stabilizing above the $103,000 level, the Bitcoin token experienced a significant pullback by recording a 24-hour low of $91,998.78 with a trading
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