I believe that the price of bitcoin will strongly depend on the recognition of official institutions and financial institutions. Another important factor: the number of successful ICO, which created useful products for users.
I think Bears are so tired that they want the bulls to take over again. I hope this prediction will come true because we do not know what will happen. These are just speculations and we can act on the road.
This is another good news because of the positive outlook for bitcoin prices. Over the last few months, some people are very negative about bitcoin but recently, there seems to be a change in the air. I can see some bitcoin predictions around $ 30k and now $ 60k in December so I can see this as a sign that the market is done with all the negatives and it's time for the price to go back up.