Bitcoin 2026 bull case: Traders see 'strong signals' for 6-figure BTC price

Traders spotted strong bullish signals for Bitcoin, including a potential bear trap reversal and a technical breakout projecting a rally to $107,000 next month.

Bitcoin (BTC) entered its final week of the year down 30% from its $126,000 all-time high reached on Oct. 6. Has BTC finally peaked, or is there a relief in the cards going into 2026?

Key takeaways:

A typical "Christmas bear trap" may precede a potential relief rally into 2026.

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