比特幣 (BTC) 預計在年底前達到 125,000 美元至 140,000 美元的目標區間

比特幣尚未突破預期的 10 萬美元里程碑，因為它在剛結束的一周的大部分時間裡都在修正路徑上交易。

Bitcoin is yet to cross the anticipated $100,000 milestone as it traded on a correction path for most of last week. However, current market trends indicate that the cryptocurrency will break through the $100,000 psychological threshold soon. Specifically, past trends, combined with current market indicators, suggest that Bitcoin could be poised for a spectacular rally to end the year.

比特幣尚未突破預期的 10 萬美元里程碑，因為上周大部分時間都在修正路徑上交易。然而，目前的市場趨勢表明，加密貨幣將很快突破10萬美元的心理門檻。具體來說，過去的趨勢與當前的市場指標相結合，表明比特幣可能會在年底出現驚人的上漲。

Historical Post-Election December Rallies: A Bullish Pattern

歷史性的選舉後 12 月集會：看漲模式

Bitcoin has a history of rallying in the month of December following US presidential elections (in November). Notably, the cryptocurrency posted gains of 30.8% and 46.92% after the 2016 and 2020 elections, respectively. Interestingly, one could argue that the ecosystem surrounding the Bitcoin price is in a much better place than those two instances.

比特幣在美國總統選舉（11 月）後的 12 月有上漲的歷史。值得注意的是，加密貨幣在 2016 年和 2020 年大選後分別上漲了 30.8% 和 46.92%。有趣的是，人們可能會說圍繞比特幣價格的生態系統比這兩個例子好得多。

There are now Spot Bitcoin ETFs that expose the cryptocurrency to investments from institutional investors, something that was lacking in the last two US presidential elections. These inflows from institutional investors have been effective in buying up more Bitcoins, especially during periods of profit-taking by both short-term and long-term holders.

現在有現貨比特幣 ETF，將加密貨幣暴露給機構投資者的投資，這是過去兩次美國總統選舉所缺乏的。來自機構投資者的資金流入有效地購買了更多比特幣，特別是在短期和長期持有者獲利回吐期間。

Bitcoin price already enjoyed a great month in November, closing the month 38% up from where it started. As it stands, the focus is on December to see how well the Bitcoin price performs during the month.

比特幣價格在 11 月已經表現出色，當月收盤較年初上漲 38%。就目前情況而言，重點是 12 月，看看比特幣價格在該月的表現如何。

The market sentiment, as measured by the Fear & Greed Index, currently shows extreme greed. According to crypto analyst Ali Martinez on social media platform X, this level of optimism among investors is reminiscent of the dramatic Bitcoin price rally during its last bull run, where it surged from $15,000 to $57,000 in a matter of weeks.

根據恐懼與貪婪指數衡量的市場情緒目前顯示出極度貪婪。社群媒體平台 X 上的加密貨幣分析師 Ali Martinez 表示，投資者的這種樂觀情緒讓人想起上一次牛市期間比特幣價格的大幅上漲，在幾週內從 15,000 美元飆升至 57,000 美元。

If the historical trend were to continue, a 30% or 46% gain in the Bitcoin price this December would see it reaching $125,000 or $140,000 before the year ends, or perhaps somewhere in between.

如果歷史趨勢持續下去，今年 12 月比特幣價格上漲 30% 或 46%，年底前將達到 125,000 美元或 140,000 美元，或者可能介於兩者之間。

On-Chain Data Shows A Massive Bitcoin Supply Crunch

鏈上數據顯示比特幣供應嚴重緊縮

Adding to the bullish case, on-chain data reveals that over 55,000 Bitcoin, valued at approximately $5.34 billion, have been withdrawn from exchanges in the past 72 hours. Such large outflows often indicate a supply crunch as investors move their holdings to private wallets, signaling a long-term bullish outlook among Bitcoin holders.

鏈上數據顯示，過去 72 小時內已有超過 55,000 個比特幣從交易所撤出，價值約 53.4 億美元。如此大規模的資金外流通常表明供應緊縮，因為投資者將其持有的資產轉移到私人錢包，這表明比特幣持有者的長期看漲前景。

Currently, the Bitcoin price is trading at $96,454, having traded within a range of $95,833 to $97,201 over the past 24 hours. Given its historical December performance, strong market sentiment, and tightening supply, Bitcoin seems well-positioned to aim for the $125,000–$140,000 range before the end of the year.

目前，比特幣價格交易價格為 96,454 美元，過去 24 小時內交易區間為 95,833 美元至 97,201 美元。鑑於 12 月份的歷史表現、強勁的市場情緒以及供應緊縮，比特幣似乎處於有利位置，預計在年底前達到 125,000 美元至 140,000 美元的區間。

However, the first resistance to break would be $100,000. Breaking above this level is likely to spark FOMO among investors. On the other hand, the Bitcoin price has to hold up above $90,000 to keep most bullish theses valid. Fortunately, the average mining cost is $90,524 and the Bitcoin price has never fallen below its mining cost during bull runs.

然而，第一個突破的阻力位在 10 萬美元。突破這一水平可能會引發投資者的 FOMO 情緒。另一方面，比特幣價格必須維持在 9 萬美元以上才能保持大多數看漲論點的有效性。幸運的是，平均挖礦成本為 90,524 美元，比特幣價格在牛市期間從未跌破其挖礦成本。