Bitcoin's December Target Set at $150,000, Analyst Predicts

According to BlockBeats, on December 2, cryptocurrency analyst PlanB shared insights on X regarding Bitcoin's market trajectory over the coming years. PlanB highlighted that Bitcoin has already achieved the first two milestones outlined in his September forecast. The cryptocurrency reached $70,000 in October and nearly hit $100,000 in November, closing at $99,800. This marked the creation of the largest monthly candle in history, valued at $26,000. PlanB further elaborated on Bitcoin's future targets, stating that the next goal is for Bitcoin to reach $150,000 by December. This prediction follows the significant gains observed in the previous months, suggesting a continued upward trend for the cryptocurrency. The analyst's projections have garnered attention within the crypto community, as they align with the broader bullish sentiment surrounding Bitcoin's potential for growth. As the market continues to evolve, investors and analysts alike are closely monitoring these developments to gauge the cryptocurrency's future performance.