💣💣Bitcoin is showing a bit of a struggle today, slipping back below the $88k mark as the recent rebound loses steam. We’re seeing momentum fade on low holiday volume, with the price currently coiling in a narrow range between $87,500 and $90,000.
Technically, the structure looks heavy; if we don't hold the $87k level, the next major support zone sits around $81k. On the upside, $95k remains a significant resistance barrier that bulls need to reclaim to flip the current neutral-to-bearish bias.
Are you looking to de-risk before the year ends, or are you comfortable holding through this consolidation phase?
#BTC #CryptoMarket #TechnicalAnalysis #tradingview
