Bitcoin struggles below $100,000 amid holiday illiquidity, but analysts predict a rally above $105,000 post-Christmas, citing macro trends.
Bitcoin analysts are eying an imminent recovery above the $100,000 mark despite the lack of institutional buying power due to the holidays.
Bitcoin’s (BTC) price has been trading under the psychological $100,000 mark since Dec. 19 and is currently down 9.7% from its all-time high of above $108,300 recorded on Dec. 17, Cointelegraph Markets Pro data shows.
BTC/USD, 1-month chart. Source: Cointelegraph
