CandleFocus Bitcoin (BTC) Price Prediction for December 13
2024-12-13
Author: Content Editor
According to CoinStats, sellers are putting pressure on Bitcoin bulls as the price of BTC has declined by 0.23% over the past 24 hours. Despite this drop, the hourly chart suggests a bullish outlook if buyers can maintain their momentum. If the daily bar closes comfortably above the $100,767 level, the upward movement is expected to continue towards the $102,000 area. On a larger time frame, attention should be given to the $102,098 level, as a breakout could lead to a test of the all-time high in the coming days. From a midterm perspective, the situation also appears bullish, with a potential breakout and further rise if the weekly candle closes around the $103,647 level. At the time of writing, Bitcoin is trading at $101,335.
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