$BTC
Bitcoin is trading near ~$89,900, with intraday highs above $90k and lows near ~$87.8k, showing tight year-end price action.
BTC remains range-bound near the high-$80K to low-$90K zone, with thin liquidity and cautious sentiment ahead of key macroeconomic releases and the holiday season. �
The Economic Times
📈 Market Signals & Sentiment
Mixed technical signals: Recent momentum shows waning bearish pressure but indecision dominates — RSI and MACD indicators suggest consolidation rather than a clear breakout. �
AInvest
Bullish factors: Traders are watching for positive catalyst from potential Fed rate cuts and ETF flows, which could boost risk appetite in crypto markets. �
Finance Magnates
Short-term volatility: Exchange margin positions and active futures data indicate heightened trader positioning, which can fuel swings if sentiment shifts quickly. �
Coindesk
🔑 Key Levels to Watch
Support: ~$87,500–$88,000 — if this zone breaks, deeper pullbacks could test lower structures. �
The Economic Times
Resistance: ~$91,500–$92,500 — a clean breakout above here with volume could reopen upside momentum. �
TechStock²
📌 Short Summary
Bitcoin is currently in a consolidation phase around ~$89K, balancing between near-term support and resistance. The market is waiting for macro catalysts (like U.S. data and Fed expectations) and renewed liquidity to trigger a clearer breakout or deeper correction. Trading remains cautious and range-bound as the year draws to a close. �
The Economic Times#USJobsData #BinanceBlockchainWeek #BTCVSGOLD #BinanceAlphaAlert #BinanceAlphaAlert