Technical analysis

With resilient support at $84,000 holding firm, Bitcoin bulls are gaining confidence ahead of large options expiring December 26 at a $100,000 max pain level amid expected low liquidity.

Bitcoin faces a probable plunge below $84,000 this week, with technicals pointing to a swift retest of $70,000 lows as sellers capitalize on exhausted upward pressure.

Bitcoin closed the week at $90,429 after testing $84,000 support and $94,000 resistance, with bulls now banking on Wednesday's FOMC meeting for a rate cut to fuel upward momentum toward $101,000.

Bitcoin Price Weekly Outlook Bitcoin price managed to put in a green candle on the weekly close, finally, but it wasn’t enough to hold off...

Bitcoin plunged to $80,000 but powerfully reclaimed the critical $84,000 support zone, closing the week at $86,850. With daily RSI deeply oversold, traders are eyeing a sharp move toward $91,400 and the $94,000 high-volume node this week.

Bitcoin closed the week at $94,290, breaching the critical $96,000 support and wiping out all 2025 gains, as ETF outflows and macro fears drive extreme fear in the crypto market.

A weekend rally lifted Bitcoin to $104,700, reclaiming the $104,000 support zone while the 0.382 Fibonacci retracement at $109,400 cap near-term upside.

The $106,900 Fibonacci support level provided a bounce last week, but repeated tests raise risks of a drop to $100,000 and long-term support at $96,000.

Overhead resistance clusters at $112,200, $115,500, and $117,600 challenge BTC's bounce, while $102K-$105K support weakens.

Bitcoin’s bearish weekly chart faces pressure as investors await FOMC rate cut signals, with $109,500 support critical for bulls to defend.