I will rather take my prediction from what bitcoin has done in the past and the that is the last quarters are bullish so even if there is going to be corrections I will simply say it is not something I expect this month and even if it comes it wouldn’t be that bad. Technically looking at the chart there is a very Strong support at the $100k and personally I see this as the support for now but that doesn’t mean there wouldn’t be fake out to a little support which sits at $98k. If bitcoin does a fake out to that level it will most surely bounce back and move up from there. For me we will still maintain our six figure this month, and then pump more before coming to take out most of the gaps left behind
Bitcoin has grown very well in 2024, the year of halving. It made some unprecented achievements in this halving year like breaking a previous market cycle ATH even before a halving day, price grows a lot after breaking last cycle ATH, and I think it's more than good for this year. In previous market cycles, new ATHs were only made about 1 year after Bitcoin halving days. This market cycle has many first-ever achievements for Bitcoin. It has already made new history in 2024.
Bitcoin through its 16 years of history, often has bearish days in very last weeks of each year around Christmas. In coming days, Bitcoin can continue its correction but won't go down too low behind $90,000 in my opinion. In a bull run, don't wait for lower lows, and consider dips as chance to buy more.
So let's see if we can maintain that $100k, as others might think that this is going to be our support line and not the resistance anymore. We still have at least weeks to go before the end of the year, and traditionally, December is a strong month to close the year so let's see if can bounce back from this minor dip.
December is not one of best months annually for Bitcoin in history.
https://cryptorank.io/price/bitcoin/analytics