Bitcoin's price action is currently dominating the headlines, as traders watch one critical level: $94,000.

  1. ๐Ÿ“ The Consolidation Zone: BTC is locked in a tight consolidation range around the $90,000 mark. This 'calm' often precedes a major move.

  2. ๐Ÿšง Key Resistance: Analysts agree that the $94,000 level is the main technical hurdle. Failure to decisively break this resistance has kept market momentum suppressed.

  3. ๐Ÿ˜จ Sentiment Check: The stalled momentum is clearly reflected in the Fear & Greed Index, which remains firmly in the "Fear Territory." This indicates uncertainty and cautious trading behavior.

  4. ๐Ÿ“ˆ The Decisive Move: The year-end trend depends entirely on which direction BTC breaks out of this December range.

    • BULLISH Scenario: A clear Breakout above $94,000 could trigger significant short squeezes and a run toward the all-time high.

    • BEARISH Scenario: A Breakdown from the current $90,000 support could lead to a swift move lower to test mid-range supports.

      BTC
      BTCUSDT
      87,607.8
      +1.66%

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