bitcoinforecast

Bitcoin's battle at the $90,000 level continues, with today's session characterized by failed rallies and a tug-of-war between bearish technical signals and bullish institutional endorsements

Today’s session saw Bitcoin trapped in a familiar pattern, grinding lower in a tight range as it struggles to reclaim the psychologically significant $90,000 level. The coin opened near $90,248 and spent the day testing support, eventually closing down about 1.17% near $89,200. The narrative wasn't one of a dramatic crash, but of persistent selling pressure that eroded early gains and pinned the price below key moving averages.
For day traders, the action was all about the boundaries: a daily high of $90,472 and a low of $88,793. Each approach toward $90,400 was met with resistance, confirming it as a local ceiling, while the dip below $89,000 found enough bids to prevent a steeper collapse.
The Daily Narrative: A Story of Failed Rallies
The past 24 hours painted a clear picture of a market lacking conviction. Bitcoin attempted to build momentum off the European open but was swiftly rejected as it neared the $90.5K mark. This set the tone for the rest of the session—brief, shallow rallies that consistently failed to gather volume or momentum, followed by slow, steady retracements.
The most telling technical event was the repeated failure to break and hold above the 20-period exponential moving average (EMA), which currently sits near $90,652. Each test of this level resulted in a lower high, a classic sign of near-term bearish momentum. The price action remained largely uncorrelated with sharp moves in major altcoins, suggesting the selling was specific to Bitcoin’s own technical overhead and a broader, cautious macro mood for risk assets.
Technical Snapshot: A Battle of Indicators
Key Levels: Immediate support rests at today’s low of $88,793. A break below opens the path toward the next significant band between $86,000 and $84,000. On the upside, resistance is firmly established at $90,472 (today’s high), followed by the cluster of moving averages around $90,600-$90,800.Momentum: The technical indicators present a conflicted picture. The 14-day RSI sits at 38.96, leaning toward oversold but not yet at extreme levels that would suggest a bounce is imminent. The MACD remains in negative territory, confirming the bearish trend on the daily chart.Volume Insight: Volume during today's down move was not climactic. It was consistent but not overwhelming, suggesting this is distribution and consolidation rather than panic selling. The lack of a volume spike on the dips indicates that larger holders are not rushing for the exits en masse.
On-Chain & News Catalyst: The Institutional Floor
Despite the weak price action, significant fundamental developments from the last 24 hours are constructing a potential floor beneath the market.
Most notably, Brazil’s largest bank, Itaú Unibanco, formally recommended clients allocate 1-3% of portfolios to Bitcoin as a hedge against currency devaluation. This move by a major traditional financial institution in a key emerging market is a powerful endorsement of Bitcoin's "digital gold" narrative.
Furthermore, U.S. Spot Bitcoin ETFs recorded another daily inflow of $49.1 million, bringing the weekly total to nearly $290 million. BlackRock's IBIT ETF was the primary contributor. This persistent institutional accumulation, even during a price slump, indicates strong underlying demand that may cushion further falls.
Short-Term Outlook (Next 24-48 Hours)
Bullish Scenario: If Bitcoin can defend the $88,800 support and generate a volume-backed rally back above $90,500, then it could invalidate the immediate bearish structure. The next target would be a retest of the $91,500-$92,000 zone, where the 50-day moving average currently resides.Bearish Scenario: If selling pressure increases and the $88,800 support level breaks with conviction, then the path of least resistance shifts downward. The next major support zone awaits between $86,000 and $84,000, an area aligned with key on-chain cost basis models. A failure there could trigger a sharper decline toward $76,000.
The market is sending mixed signals. The short-term technical structure is weak and favors the bears, with price trapped below key averages. However, the foundational pillars are strengthening, with major banks endorsing its value proposition and ETFs syphoning supply off the market. For traders, this translates to a high-probability range-bound environment. The playbook is to fade extremes: be cautious of rallies until $90.5K is reclaimed, and watch for bullish reactions on tests of the $88.8K support. The conflict between a bearish chart and bullish fundamentals will likely resolve with a sharp move—wait for the volume to show the true direction.
What’s your read on this tension between weak price action and strong institutional flows? Are you leaning toward a breakdown or a bounce? Share your trade setup below.
#CryptoNewss
#BitcoinForecast

Bitcoin finds itself at a critical juncture, trading near $90,000 as markets digest a cautious Federal Reserve and search for their next major catalyst. The week was a classic tug-of-war between tempered macroeconomic signals and quietly building positive fundamentals within the crypto ecosystem.
The Fed Delivered a Cut, But Markets Wanted More
The primary story shaping risk assets, including Bitcoin, was the Federal Open Market Committee (FOMC) meeting. While the Fed delivered a widely anticipated 25 basis point interest rate cut, its forward guidance fell short of market hopes. Policymakers signaled a likely pause in January and maintained a conservative outlook, projecting only one more cut for all of 2026. This "higher for longer" tone, combined with disappointing tech earnings, triggered a brief "risk-off" sentiment that pushed BTC to a weekly low near $89,260 before it recovered.
Institutional Flows: A Quiet Return to Positive Territory
Beneath the price consolidation, institutional activity shows tentative green shoots. After a week of outflows, U.S. spot Bitcoin ETFs recorded $237.44 million in net inflows through Thursday. In a major corporate move, Strategy Inc. (MSTR) added 10,624 BTC to its treasury, worth roughly $962.7 million, demonstrating continued high-conviction accumulation. On-chain data supports a building foundation, with analytics firm CryptoQuant reporting that selling pressure from large players has eased significantly, creating conditions for a potential relief rally toward $99,000.
Technical and Historical Crossroads: Setting Up for a Move
Bitcoin's price action is compressed against a key descending trendline, with a break above the $94,253 resistance level seen as a potential launchpad toward the $100,000 psychological mark. On the weekly chart, Bitcoin is finding support at a major moving average near $85,809, with momentum indicators like the MACD showing a recent bullish crossover. Historically, December and the fourth quarter have been strong periods for Bitcoin, averaging gains of 4.55% and 77.38% respectively. After a disappointing November, analysts are watching to see if a "Santa Rally" can materialize. Some research, citing new post-ETF market cycles, even suggests a pattern that could point toward the $140,000 range in the coming months if Bitcoin holds above its key cost basis.
Geopolitical Clouds Linger
Adding to the market's hesitation are unresolved geopolitical tensions between Russia and Ukraine. Statements from U.S. and Ukrainian officials highlighting frustrations and stalled peace talks continue to cast a shadow over global risk appetite, providing another reason for traders to remain cautious in the near term.

#BitcoinForecast

JPMorgan analysts have updated their 2025 Bitcoin outlook — and the tone is far from bullish.
They warn that recent price swings show BTC is “overstretched,” pointing to cooling liquidity and declining institutional inflows.

The bank says Bitcoin is entering a “correction phase.”
Crypto Twitter says they’re “late, again.”

#JPMorgan #BitcoinForecast #BTCAnalysis #CryptoMarkets #BinanceSquare

The Fed cut rates by 0.25%, but Bitcoin didn't pump!
Pre-News: BTC hit $94,500.Post-News: BTC slid under $90,000.
Demand looks weak right now. The market is shaking out the leverage.
💡 TRADING STRATEGY:
Don't rush to buy this dip! Patience is key. 🧘‍♂️
👀 Watch these Support Zones:
BTC: Must hold $88k (Critical level!)ZEC: Look for entries around $350 - $375.
Stay safe out there! #BitcoinForecast #CryptoNews #trading
$BTC $ETH $BNB

This move to go public follows a tumultuous period for Mallers, who disclosed that JPMorgan Chase had abruptly closed his accounts in September without explanation.

“Last month, J.P. Morgan Chase threw me out of the bank… Whenever I asked them why, I received the same response: ‘We aren’t allowed to tell you,’” Mallers recounted on November 23. The closure letter cited “concerning activity” and referenced the Bank Secrecy Act, preventing him from reopening accounts at the bank
#BTC86kJPShock
#BTCVSGOLD
#BitcoinForecast