Bitcoin prices have surged in recent days, jumping past the $10,000 mark and reaching levels not seen since December 2020. This surge has triggered significant liquidations of leveraged positions worth billions of dollars in the market. Key resistance at the $93,300 level is holding as traders await a decisive break for potential price targets around $98,000. Analysts are particularly optimistic about Bitcoin’s performance this December, attributing this to its historical strength and recent momentum following a rally from the $89,000 range. Tom Lee of Fundstrat predicts Bitcoin may exceed $126,000 within 30 days based on historical performance and current market trends. His projections align with broader predictions for 2025, suggesting that new all-time highs are expected.