PANews reported on December 26 that according to Cointelegraph, the current price of Bitcoin is $99,260, up 6.5% from the low of $92,458 on December 23. After reaching a record high of $108,275 on December 17, the price of Bitcoin fell sharply by 14.5%, and after this correction, traders regained confidence.
Bitcoin derivatives data remain neutral to bullish, suggesting that the sharp price fluctuations have not significantly affected market sentiment. This market positioning supports the possibility that Bitcoin can achieve a breakthrough of $105,000.
