Bitcoin crosses $89K amid ETF optimism and year-end institutional positioning.
What's Happening:
BTC trades at $88,833.31, up 0.77% as institutional accumulation continuesETFs absorbed supply throughout 2025 despite Q4 volatilityFear & Greed Index holds at 29 (Fear), signaling cautious accumulation phaseBTC maintains 57-59% market dominance entering Christmas week
Why It Matters:
Bitcoin's resilience near $89K showcases institutional conviction despite year-end profit-taking. With BTC controlling nearly 60% of the market and ETFs continuing to absorb supply, the foundation for 2026 looks robust. The current Fear level creates opportunity for long-term accumulators.
Technical View:
$BTC is consolidating in the high-$80K zone, encountering resistance around $89K-$90K. Support holds firm at $86,900, with the psychological $90K level being the key breakout target. Despite encountering resistance, the trend remains cautiously bullish.
🎯 Key Levels:
Support: $86,900 | Resistance: $90,00024h Range: $87,800 - $89,200
💡 Market dominance at 59% isn't just a number—it's confidence.
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Bitcoin #BTC #CryptoNews #MarketUpdate #BTCDominance Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.