New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
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1. Download and update the Gate APP to version v8.0.5
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Bitcoin Price Prediction: Year-End $100K Target Alive – Here Are the Three Drivers That Matter
Bitcoin may be holding slightly below $90,000, but data imply that the $100K year-end target is still alive as analysts point out that three Bitcoin Price Prediction indicators are flashing a green signal.
The 3-Key Drivers For Bitcoin $100k Year-end Target
The first and most critical driver is the shift in Federal Reserve monetary policy.
After months of reducing liquidity through quantitative tightening, where the central bank stopped reinvesting proceeds from maturing bonds and Treasury holdings, the Fed ended this program on December 1.
Bitcoin Price Prediction: Rising Channel Points to $100k Breakout
The third driver comes from technical analysis, which suggests a $100,000 recovery if BTC breaches the $95,000 resistance.
The 4-hour chart shows Bitcoin trading inside a rising channel, though the latest rejection near mid-range has pushed price back toward the lower trendline.
The key support level holding the structure together is $84,000. If BTC stays above that line, the overall channel remains intact, and a rebound toward $95,000 resistance becomes likely.$BTC $GT