The cryptocurrency Bitcoin is currently trading at $98,111, with a 5.99% gain in the last 24 hours, outperforming the overall market. The Bitcoin price prediction suggests that it could reach $108,273 by December 26, 2024, representing a 9.00% increase in the next five days. Bitcoin has displayed a positive trend recently, with a 0.59% gain in the last 30 days and a bullish medium-term trend, increasing by 56.49% in the last three months. The long-term picture for Bitcoin is also positive, with a 124.41% price change in the past year. Bitcoin's all-time high was recorded on December 17, 2024, at $108,282. The sentiment in the Bitcoin markets is currently neutral, with the Fear & Greed index reading greed. Technical indicators suggest a neutral forecast for Bitcoin, with the Relative Strength Index (RSI 14) indicating a neutral position and Bitcoin trading below the 50-day and 200-day Simple Moving Averages (SMA). Overall, the current forecast for Bitcoin's price prediction is neutral, but it's important to monitor market sentiment, support and resistance levels, and other metrics as the cryptocurrency market is volatile and unpredictable.



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