Kaspa

Cardano

Bitcoin

Resistance

Momentum

<p>Bitcoin’s solid returns across October and November point to December continuing that momentum based on historical trends <a href="https://twitter.com/ali_charts/status/1731681008745885886" target="_blank" rel="noopener noreferrer nofollow">identified </a>by crypto trader Ali. As BTC navigates key resistance and support, a year-end rally could materialize.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="548" src="https://captainaltcoin.com/wp-content/uploads/2023/12/image-104-1024x548.png" alt="" class="wp-image-391621" srcset="https://captainaltcoin.com/wp-content/uploads/2023/12/image-104-1024x548.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-104-300x161.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-104-768x411.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-104-1536x822.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-104-2048x1096.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-104-280x150.png 280w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-104-100x54.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-104-654x350.png 654w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-104-788x421.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-104.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Ali notes Bitcoin has posted strong back-to-back months leading into December for the past four years. In nearly every case, that strength foreshadowed an even more emphatic surge in December to close out the year on a high note.</p>
<p>If that tendency repeats, Bitcoin development through the next month may accelerate and confirm the nascent recovery from this year’s brutal drawdowns. Even absent a specific catalyst, the calendar itself appears prone to stoking the buying appetite as investors chase risk-on positioning.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="634" src="https://captainaltcoin.com/wp-content/uploads/2023/12/image-105-1024x634.png" alt="" class="wp-image-391629" srcset="https://captainaltcoin.com/wp-content/uploads/2023/12/image-105-1024x634.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-105-300x186.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-105-767x475.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-105-1536x951.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-105-2048x1268.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-105-242x150.png 242w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-105-100x62.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-105-565x350.png 565w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-105-788x487.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-105.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Crucial for Bitcoin will be how it <a href="https://twitter.com/ali_charts/status/1731601999332807036" target="_blank" rel="noopener noreferrer nofollow">handles</a> critical resistance around $47,360, where the 200-week moving average hovers alongside the topside of its recent range. That barrier has denied progress since September, but Ali spots dependable support established at around $37,000.</p>
<p>Read also:</p>
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<p>Maintaining that higher low while tackling tough overhead hurdles would pave the way for bullish continuation as hedge funds and systematic traders chase year-end gains. In crypto’s history, November doldrums snapped by December joyrides prove fairly consistent.&nbsp;</p>
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<p>The post <a href="https://captainaltcoin.com/bitcoin-braces-for-potentially-bullish-december-if-history-repeats-analyst-highlights-next-crucial-resistance-for-btc/" rel="noopener noreferrer nofollow">Bitcoin Braces for Potentially Bullish December If History Repeats; Analyst Highlights Next Crucial Resistance for BTC</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Bitcoin Braces for Potentially Bullish December If History Repeats; Analyst Highlights Next Crucial Resistance for BTC

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