[ad_1]
Printed: Dec 19, 2025 at 15:02
Up to date: Dec 19, 2025 at 16:12
Bitcoin’s (BTC) worth has fallen under the 21-day SMA assist after being rejected twice on the $94,000 excessive and the 50-day SMA barrier.
Bitcoin worth long-term prediction: bearish
Bitcoin dropped to a low of $86,000 earlier than resuming consolidation above this stage. Since December 16, the cryptocurrency has been buying and selling above the $86,000 assist however under the 21-day SMA barrier.
On the draw back, if sellers break under the present assist, Bitcoin may fall under the earlier low of $80,000. Nevertheless, if BTC recovers and breaks above the 21-day SMA barrier, it may rise above the 50-day SMA or attain the $96,000 excessive. Bitcoin is presently at $88,377.
Technical indicators
-
Key provide zones: $120,000, $125,000, $130,000 -
Key demand zones: $100,000, $95,000, $90,000
Bitcoin worth indicator evaluation
The Bitcoin worth has slipped under the horizontal shifting common strains. Upward motion is hindered by the 21-day SMA barrier, because the BTC worth dangers falling to earlier lows. On the 4-hour chart, the worth bars additionally fall under the horizontal shifting common strains. On December 17, the lengthy candlestick wick signifies heavy promoting stress on the $90,000 excessive.
What’s the subsequent transfer for Bitcoin?
Bitcoin is shifting sideways on the 4-hour chart. The cryptocurrency worth is buying and selling above the $84,000 assist and under the $94,000 excessive. The Bitcoin worth has slipped under the shifting common strains and is oscillating above the present assist. Doji candlesticks have shaped as the worth consolidates above the current assist stage of $86,000.
Disclaimer. This evaluation and forecast are the non-public opinions of the writer. The info offered is collected by the writer and isn’t sponsored by any firm or token developer. This isn’t a suggestion to purchase or promote cryptocurrency and shouldn’t be considered as an endorsement by Coinidol.com. Readers ought to do their analysis earlier than investing in funds.
[ad_2]
