Overview
- BTC briefly reclaimed the $90,000 area and continues to trade between roughly $85,000 support and $91,000–$92,000 resistance, with futures analysts flagging 91,000 as a key acceptance threshold.
- Charts highlight a compressing setup—descending wedge and a 4‑hour symmetrical triangle—where a confirmed move above trendline resistance could reopen $95,000 to $100,000.
- On‑chain and sentiment readings are soft, including an estimated 65% of supply in profit and a growing bearish consensus that signals a fragile market backdrop.
- Spot Bitcoin ETFs recorded about $782 million in net outflows for Dec. 22–26, contributing to $1.08 billion in December withdrawals after $3.48 billion in November.
- Analysts warn that a failure of current support could pull price toward a low‑volume zone near $75,000, while a recent very large Binance transfer distorted prior price signals.