Bitcoin remains locked in a fierce battle against the 100,000 resistance level, causing excitement amongst crypto investors. With the Federal Reserve rate cut looming in December, analysts believe it could be the catalyst Bitcoin needs to breach this critical threshold. According to the CME FedWatch tool, the probability of an interest rate reduction during the upcoming FOMC meeting on December 18 has skyrocketed to 72.5%. The outcome of the meeting could provide the anticipated momentum for Bitcoin’s price, enabling it to surpass previous highs. Investors are eager to see how market dynamics play out in anticipation of this significant economic decision. Tracking Bitcoin’s performance during this pivotal time will be essential for evaluating its trajectory in early 2024.