BTC Technical Analysis Update:
Hey guys, quick TA on Bitcoin as we head into the end of 2025.
BTC is currently trading around $87,500 after bouncing a bit from those mid-80k lows earlier this week. We've seen some decent buying come in after dipping below $86k, but we're still stuck under that heavy resistance zone around $90k-$92k. That area's been rejecting us multiple times lately – it's where a lot of sellers are sitting after the drop from the $126k ATH back in October.
On the daily chart:
We're holding above key support at $85k-$86k for now. This lines up with recent lows and the 61.8% Fib retracement of the last rally.
If we lose that, next major support is down around $80k (previous November low) – that could be a spot for stronger accumulation if we get there.
RSI is coming out of oversold territory, showing some momentum building on the bounce, but MACD is still bearish overall.
Bullish case: A clean break and close above $92k could flip the short-term structure, opening up a move toward $95k-$100k pretty quick. That would invalidate the recent downtrend and get us back testing higher levels.
Bearish case: Rejection here at $90k+ keeps us in this corrective phase, potentially retesting $80k or lower if macro pressure continues.
Overall, still in a broader uptrend long-term with all the institutional inflows and ETF demand, but short-term caution – this correction has been sharp.
Targets if we break up: $95k first, then $100k+ retest.
Downside: Watch $85k hold, or risk $80k.
Not financial advice, just my read on the charts – always DYOR and manage risk! What's your take on BTC right now? Bullish bounce or more downside? 👇
