$BTC is currently in a consolidation phase after failing to hold recent highs. Price action shows short-term weakness, mainly due to low trading volume and cautious market sentiment, which is common around year-end periods.
From a technical perspective, momentum is neutral to slightly bearish. Bitcoin remains below key resistance levels, and buyers have not yet shown strong conviction. However, major support zones are still holding, preventing a deeper sell-off.
Outlook:
Bullish: A strong move above resistance with increased volume could restart upward momentum.
Bearish: If key support breaks, Bitcoin may see further downside or extended sideways movement.
📌 Summary:
Bitcoin is neutral to mildly bearish in the short term, but not in a strong downtrend. The next clear move will likely depend on volume returning and overall market sentiment.
BTC
90,613.06
-0.31%