A $100,000 is needed for the yearlong effortBTCAlthough the price of the asset has fallen since it hit a record $69,000 high, traders remain optimistic. Most analysts see the current price range to be an ideal accumulation area.

Markets were a little rocky for the last week as investors around the world became more nervous about the Dec. 15th Federal Open Market Committee meeting. However, confirmation by the Federal Reserve that it would increase three rates and gradually taper in 2022 seems to have been factored into market volatility.