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Bitcoin News and Forecast for December 17, 2023

In the short term, the price of Bitcoin is expected to continue its stability around $42,500. Despite the challenges in the crypto market, such as the hacking incident and uncertainty with Bitcoin spot ETFs, there is still a strong accumulation of BTC coins by investors. This can be seen in the record number of BTC addresses with a non-zero balance, indicating that buyers are willing to increase their volumes.