Bitcoin Price Prediction: Could BTC Reach $110K in December?

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According to CoinRepublic, Bitcoin price remains near $91,500 after a Thanksgiving rally, with some experts predicting a potential rise to $112,000. Analysts point to bullish divergence trends, renewed institutional interest, and the likelihood of a Fed rate cut in December as key factors. Michael van de Poppe and Ali Martinez highlighted key price levels to watch, including $112,340 as a potential ceiling and $84,570 as a critical support. Historical data from CoinGlass also suggests positive returns for Bitcoin in December.

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