Bitcoin is showing more of the same as we approach the end of December. Yesterday, the market struggled to maintain $87.6K, bringing the price back down to $86.3K. This level now serves as a critical point: a recovery toward $88K is needed to maintain bullish momentum.
With Christmas upon us, many traders are understandably taking a step back from charts, and short-term fluctuations should be seen in that context. Any minor downward moves are likely to be quickly corrected by the bulls, given the relatively thin trading volumes typical of this season.
Bitcoin has been stuck in a range for some time, but the last days of the year—or the start of January—could be decisive. The end-of-month price action in December carries additional significance. It’s not merely about breaking the $90K resistance, but about testing whether the four-year cycle pattern is still in play.
Historically, we’ve seen similar patterns before major bull runs. While most assets are at historical highs, Bitcoin and altcoins are still showing room to move, reminiscent of the 2020 setup before the explosive rise that rewarded early adopters. The current scenario is not unusual—Bitcoin has faced and overcome these consolidation phases before.
Looking forward to 2026, a new all-time high will confirm that the market’s rules have shifted, demanding that traders adapt quickly and proactively. The key takeaway remains: while surpassing $90K is crucial, the definitive price movement may only materialize in January when fewer traders are active.
For now, a close above $87.6K could set the stage for a Santa Claus rally toward $90K—a fitting gift as we wrap up the year.
