In the near future, the price of Bitcoin is uncertain due to a combination of positive and negative factors. While Bitcoin has managed to recover to the level of $42,300 and price consolidation is taking place, there are concerns that it could once again test the $40,000 level this weekend. Trading activity, especially for short-term investors, is expected to decrease, which could give bears an opportunity to put pressure on the price of Bitcoin.
On a larger scale, the general situation on world markets is impacting the price of Bitcoin. In the US, stock indexes closed mixed, with the Dow Jones Industrial Average slightly down. The prospect of deeper and earlier interest rate cuts continues to support Wall Street sentiment. Oil prices have risen, supported by the fall in the dollar caused by the Federal Reserve. However, economic indicators such as the December Empire State Manufacturing Index falling below forecasts and the contraction of services and manufacturing in the eurozone are factors that could potentially affect the price of Bitcoin.
Considering these factors, it is difficult to predict the exact price of Bitcoin in the near future. It will be important to closely monitor the macroeconomic landscape and market trends to gain a clearer understanding of where the price of Bitcoin may be heading.