Bitcoin (BTC) opened December in a tight consolidation range after a strong performance in November. Finbold has analyzed Bitcoin's historical returns and provided a price projection for December 31. December typically sees modest gains for Bitcoin, with an average of 5.00%, but also has a median return of -1.73%. However, there have been instances of significant gains in previous years, such as in 2020 and 2017. Bitcoin is currently trading below December's opening price, but based on historical returns, it could trade between $94,782 and $101,273 by the end of the year. The accuracy of price predictions for cryptocurrencies is uncertain.



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