$BTC price has risen above the $93,000 key resistance level as of December 4, suggesting a potential continuation of its bullish trend. This recovery follows a volatile period where prices dipped below $84,000, partly pressured by the unwinding of the yen carry trade. Technical analysis points to completed bullish chart patterns, with targets extending toward $104,000-$107,000. While AI models and analysts present widely divergent year-end forecasts, the current ~30% pullback from October highs is viewed by some as a typical bull market correction rather than a cyclical downturn.

BTC

90,481.22

-1.21%

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