• Trend: Bullish with consolidation • Support: Strong buying zone below current price • Resistance: Immediate resistance overhead • Momentum: Stable RSI, no extreme conditions • Outlook: Holding above support keeps bullish structure intact; a clean breakout may trigger further upside, while rejection could cause short-term pullback
📈#bitcoin Bitcoin (BTC) — Latest by December 9, 2025
🔎 Recent Price Action & Technical Setup
BTC recently slid ~2% in a single day to about $90,000 — a modest pullback but notable after recent strength.
According to a technical forecast, if BTC clears the short-term resistance near $96,600, it might rise toward $110,000 by early 2026.
On the flip side, some analysts warn of support zones around $80,600, below which bearish pressure could intensify.
📉 Why the Dip — What’s Weighing on BTC
The broader macro environment — weak risk sentiment, rate-hike uncertainty, and liquidity tightening — has hit both tech stocks and crypto, including Bitcoin.
Liquidation of leveraged crypto positions appears to have contributed to recent volatility, accelerating downward swings before markets stabilize.
⚙️ Still Bullish Long-Term — The Case for a Bounce
Some market watchers argue BTC may rebound strongly if “risk-on” sentiment returns. After such a sharp correction, Bitcoin could outperform traditional assets in a renewed bullish cycle.
The underlying long-term factors — limited supply, growing institutional adoption, and cyclical halving dynamics — remain intact.
🧭 What to Watch in the Coming Weeks
$96,600–$97,000 — Key resistance zone. A breakout above this could signal bullish continuation.
$80,000–$82,000 — Critical support band. A sustained drop below might lead to deeper correction.
Macro variables: interest-rate decisions, liquidity conditions, and broader risk sentiment remain major catalysts.
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Summary: Bitcoin’s recent dip looks like a pullback in a broader consolidation — not necessarily a breakout of a long-term downtrend. If bulls reclaim resistance, BTC might revisit the $110,000 zone. But macro uncertainty and investor caution remain real risks.
If you like — I can draw up 3 price-scenario charts (bearish / base / bullish) for BTC for the next 3 months. Want me to build that for you now?
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Aizaz Engineer
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