Bitcoin is approaching the $100,000 milestone, with analysts and market participants debating its likelihood and timing. The cryptocurrency recently experienced a 37% surge in November, marking one of its best months historically. December, often a strong month for Bitcoin during halving years, is expected to be volatile but potentially rewarding. Analysts highlight factors such as increased demand from short-term holders, institutional adoption, and limited supply as key drivers. However, resistance at the $100,000 level and a lack of new catalysts have tempered optimism. Some predict Bitcoin could surpass $100,000 in the coming weeks, while others suggest it may require further market developments. Additionally, $3 billion in shorts could be liquidated as Bitcoin nears $100,000, and PlanB's Stock-to-Flow model forecasts a potential $1 million valuation by 2025.