Bitcoin (BTCUSD) Price Forecast: December 14
With Bitcoin maintaining levels above $100,000, other altcoins have increased in momentum alongside a broader market rally as market sentiments fuel growth. This projection suggests an optimistic future for cryptocurrency. Thus, if the market conditions remain favorable, the crypto price may remain stable and swing to the $120,000 upper resistance value, sparking further gains.
Key Levels:
Resistance Levels: $100,000, $101,000, $102,000
Support Levels: $80,000 $79,000, $78,000
BTC (USD) Long-term Trend: Bullish (Daily Chart)
BTCUSD is maintaining levels above 100k and remains bullish in the higher time frames. The coin is experiencing modest gains and trading above the moving average line at the upper channel, indicating a robust bullish trend.
However, the previous action at the $101, 21 high level in the last action has sustained the cryptocurrency price to remain above the resistance trend line in its recent high.
The Bitcoin price is maintaining levels above the targeted 100k at the $101,95 high level, as it remains stabilized as the daily chart opens today, bolstering the market after the recent buying trend.
Hence, staying above the resistance trend lines indicates a strong possibility for a bullish correction. Thus, if the bullish trend persists, the BTCUSD price might hit an all-time high of 120k, suggesting an optimistic future for cryptocurrency.
The BTCUSD pair might keep maintaining levels above 100k, as indicated by the daily signal pointing up. Thus, the next bulls’ target might be the $120,000 high level in the days ahead in its long-term outlook.
BTC (USD) Medium-term Trend: Bullish (4H Chart)
Despite the interference of short-term traders in the price flow, the medium-term time frame market is maintaining levels above 100k, indicating a bullish race. 
The price of BTCUSD is stabilized above the resistance line, indicating that buyers are currently gaining more strength in the market.
The high pressure from the long traders has sustained the coin price above the targeted level in its recent high.
The coin price is showing significant advances; to push the price above the current supply zone, more buyers’ participation is a prerequisite.
However, there is a possibility of a further increase in the price of Bitcoin if the buy traders increase their price actions and all the current support level holds; a new all-time high of 120,000 upper resistance level might be reached soon in its medium-term time frame.
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