BITCOIN PRICE FORECAST: BTC EXTENDS UPSIDE ABOVE $107K AS MICROSTRATEGY AND RIOT EXPAND BITCOIN HOLDINGS

Tina Collins

19 Dec 2024

Bitcoin price is trading above $107,300, reaching a new all-time high of $107,793 recently.

Companies like MicroStrategy and Riot Platforms have been buying more Bitcoin, fueling the price rally.

MicroStrategy bought an additional 15,350 BTC for $1.5 billion, bringing its total holdings to 439,000 BTC.

The technical forecast suggests Bitcoin could continue rising, with a target of $119,500.

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USD/JPY DROPS BACK UNDER 155.00 TO FRESH LOW FOR THE DAY

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JAPAN MOF'S MIMURA COMMENTS ON ECONOMIC OUTLOOK AND BOJ POLICIES

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