As Bitcoin approaches the end of the year, it encounters significant pressure to maintain its position above the crucial $100,000 threshold. Market sentiment appears mixed as participants remain divided on Bitcoin’s ability to sustain its momentum or if a further decline is on the horizon. Recently, there was a sharp liquidation wave, causing over $1.58 billion to be erased from the market. Presently, Bitcoin trades at approximately $97,620, down 1% in the last 24 hours according to data from CoinGecko. This scenario has raised concerns among investors. Analysts suggest close monitoring of market trends as year-end approaches, predicting Bitcoin could make a strong push or face challenges ahead.