In the journey of Bitcoin (BTC) in December each year, the majority of its price is colored red or down.

It has been recorded that in the past 6 years, Bitcoin turned red with details of a drop of 5.15% in 2019, a plunge of 18.9% in 2021, a decrease of 3.59% in 2022, and a fall of 2.8% at the end of last year.

However, Bitcoin only turned green in 2020 and 2023 with increases of 46% and 12%, respectively.

Nevertheless, according to Managing Partner and Head of Research at Fundstrat Global Advisors Thomas Lee, he believes Bitcoin can close this month with a price between US$150,000 and US$200,000.

"I think we can still reach US$150 (thousand) or US$200 (thousand) for Bitcoin, and then around US$7,000 for Ethereum," he said in an interview with CNBC Television on YouTube, Monday (03/11).$BTC

BTC

87,644.83

+1.56%