$BTC Today, Saturday, December 20, the Bitcoin market feels like a calm sea after a week of storms. Although "calm" is the keyword for today, there is a very interesting consolidation movement beneath the surface.
After a crazy week, Bitcoin has taken a break. Today we see it calmly navigating in the range of 87,000 to 88,000 dollars. It’s that typical Saturday when volume drops because the big Wall Street banks close, but the "little ones" are left analyzing what comes next.
What is really happening?
The lesson of this Saturday is the concept of consolidation. After the U.S. Senate postponed crypto laws until 2026 and the Bank of Japan raised rates, Bitcoin has shown that it has a very strong "floor" near 85,000 dollars.
- The sentiment: The "Fear and Greed" index rose a bit today (from 16 to 27), but it remains in the Extreme Fear zone.
Why is it good that it is calm? Markets cannot rise in a straight line forever. These sideways weekends allow the price to "breathe" and prepare buy orders for the next week.
🔖 Today is a day to observe, not to despair. Bitcoin is holding up well against macroeconomic pressure, and the fact that it hasn’t continued to fall today is a sign that buyers are starting to win the battle.
Do you think this calm is the prelude to a jump to 90k on Monday, or do we still have one last drop before the year ends?.
📌 If you want to be ready for when the market wakes up on Monday, follow me and don’t miss any movement!
