Bitcoin Solidifies at the Top

🌀Bitcoin’s price is confidently holding above $100,000, driven by a global easing of monetary policies. The European Central Bank has reduced its deposit rate to 3% amid slowing inflation, while China has lowered rates for the first time in 14 years, preparing additional economic stimulus measures.

🌀Analysts predict that the Federal Reserve’s anticipated policy easing on December 18 will be the next major step. The probability of a rate cut is estimated at 96%, which could further fuel a “New Year rally” in the crypto market.

🌀Experts also highlight that the removal of excessive leveraged positions totaling $1.5 billion has created favorable conditions for the next phase of Bitcoin’s growth in the coming weeks.