Bitcoin has been trading around the mid-$80,000 to low-$90,000 zone recently, showing notable volatility and pressure from macroeconomic conditions and risk-off sentiment. Key patterns include:

$BTC slipped below $90,000, extending recent monthly declines amid broader market caution.

Ongoing selling pressure and reduced expectations for aggressive rate cuts have weighed on crypto risk appetite.

Institutional buying (e.g., large corporate accumulators) continues, but hasn’t yet driven a sustained rally.

🔍 Technical & Sentiment Outlook

Bearish to neutral sentiment dominates many technical indicators, with some models expecting a sideways consolidation between roughly $85K–$95K levels.

Analysts highlight key resistance around $96,000–$100,000 — a breakout above this range could reignite bullish momentum.

Conversely, failure to hold current support levels (near ~$85K–$88K) could open the door to further dips.

📈 Bullish vs. Bearish Scenarios

Bullish case:

✔ Technical models see potential for a rally into the $120K–$125K area later in December if resistance breaks strongly.

Bearish risks:

✖ Lack of strong institutional demand and macro pressure could keep BTC drifting lower.

🧠 Macro Drivers to Watch

Federal Reserve rate signals and inflation data continue to influence risk assets like Bitcoin.

Ongoing ETF flows and investor positioning are key liquidity drivers.

Global central bank actions (e.g., hawkish moves from the Bank of Japan) have recently pressured BTC’s price. #USJobsData #TrumpTariffs #BTCVSGOLD #WriteToEarnUpgrade #CPIWatch