Bitcoin’s Meteoric Rise Hits a Roadblock: What’s Next for Crypto?

• Bitcoin’s recent rally pushed it past $108,000 in December, marking a historic all-time high. However, as the year ends, the momentum has begun to wane, with prices retreating to around $103,700—a critical support level, according to technical analysts. If this level falters, $100,000 could become the next testing ground.

• The rally, fueled by institutional interest and crypto-friendly policies in the U.S., has shifted into a consolidation phase. A cooling futures market, waning bullish sentiment, and reduced leverage signal a slowdown in momentum.

• Experts attribute the surge to macroeconomic factors, including U.S. fiscal policy and Federal Reserve rate cuts. However, increasing market caution and heightened volatility could challenge Bitcoin’s short-term trajectory.

• Despite the pullback, analysts remain optimistic about long-term growth, pointing to strong liquidity, institutional backing, and Bitcoin’s growing status as a hedge against inflation.

As Bitcoin consolidates its gains, all eyes are on the $100,000 level to determine whether this is merely a pause before another surge—or the end of the rally for now.