𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐍𝐞𝐚𝐫 $𝟗𝟎𝐊: 𝐌𝐨𝐦𝐞𝐧𝐭𝐮𝐦 𝐯𝐬. 𝐑𝐞𝐚𝐥𝐢𝐭𝐲 𝐂𝐡𝐞𝐜𝐤

Bitcoin climbed toward the $90,000 level, hitting an intraday high near $89,850 after rebounding from $84,400. The move has sparked discussion around a possible year-end “Santa Rally,” but the data suggests a more nuanced picture.

𝐖𝐡𝐚𝐭 𝐭𝐡𝐞 𝐃𝐚𝐭𝐚 𝐒𝐚𝐲𝐬
• Short liquidations are rising, creating short-term upside fuel
• Market regime remains neutral-to-bullish, historically supportive
• Strong on-chain support sits around $84K–$85.6K, a key level bulls must defend

𝐁𝐮𝐥𝐥𝐢𝐬𝐡 𝐂𝐚𝐬𝐞
• Technical patterns suggest upside continuation
• Some analysts point to $93K short-term, with long-term targets extending much higher if momentum holds

𝐂𝐚𝐮𝐭𝐢𝐨𝐧 𝐒𝐢𝐠𝐧𝐚𝐥𝐬
• Historical Santa rallies show diminishing returns in recent years
• Post-halving December periods have often seen sell pressure
• ETF outflows and macro uncertainty are still weighing on confidence

$BTC is at a high-stakes inflection point. Strength above key support favors continuation, but upside remains fragile without sustained spot demand. This is a market for discipline, not emotion.

Price action — not seasonal narratives — will decide the next move.

#BTC #StrategyBTCPurchase #bitcoin #Santarally #december