The post Bitcoin (BTC) Price Prediction (Dec 09th 2024) appeared first on Coinpedia Fintech News
Story Highlights
The Bitcoin price retests the $101,000 mark during the early Asian trading hours.
Technical indicators record a mixed-price sentiment, highlighting uncertainty.
However, chances of a positive reversal are high due to increased bullish action.
The cryptocurrency market started the 2nd week of December on a bearish note. This has resulted in the Bitcoin token recording a similar price action by plunging below the $100k mark.
Are you among many wondering if will Bitcoin price achieve a new ATH again this year? Or How high will the BTC price go? Read CoinPedia’s Bitcoin (BTC) price analysis to explore the possibilities!
Bitcoin (BTC) Price Action
The BTC price has lost ~1% in 24 hours, with a trading volume of $53.59 billion. Moreover, over the past week, it has experienced a variation of less than 3%. This highlights a cool-off phase for this cryptocurrency
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