$BTC Latest Market Snapshot
🔹 Price Action: BTC has been trading around mid-$80,000s to $89,000, showing volatility and subdued liquidity during the holiday period. �
🔹 Market Sentiment: Short-term trend remains cautious with mixed technical signals and bearish sentiment dominating most indicators. �
🔹 Resistance / Support: Key resistance area at ~$90,000–$92,000, which needs to break with volume for a bullish push. Support levels near $85,000 and mid-$80k range are critical to hold. �
🔹 Trend Outlook:
• Breaking above $93k+ with momentum could spark recovery.
• Weakness holding below $84k can extend short-term pullbacks. �
The Economic Times +1
CoinCodex
CoinCodex +1
Mudrex
Summary: Bitcoin is trading sideways under pressure, with traders watching key technical zones for a breakout or breakdown toward the end of year.
