Bloomberg analyst: BTC may fall below $84,000 by the end of the year; a "Santa Claus rally" is unlikely.

QCP Capital predicts that BTC will fluctuate between $84,000 and $100,000 by the end of the year, while Bloomberg analyst Mike McGlone warns that a new "Santa Claus rally" may not materialize, and BTC could fall below $84,000 by the end of the year. Currently, the market is focused on whether BTC can hold the $90,000-$91,000 support zone. A break below this level could test the bottom of the current range, while a hold above it could lead to another challenge of the $94,000 resistance level.