Bitcoin’s Year-End Position
Bitcoin is hovering around $89,500 to $90,100 as 2025 winds down. The cryptocurrency isn’t exactly surging, but it’s not collapsing either. Traders seem to be watching, waiting to see what happens in these final weeks. I think many are wondering if we’ll get a dramatic finish or just a quiet fade into 2026.
The one-hour chart shows a pattern that’s not particularly encouraging. After hitting a peak at $94,652, the price dropped sharply to $89,400. Since then, movement has been mostly sideways. There’s a clear structure of lower highs and lower lows, which typically suggests short-term bearish pressure. Volume data tells a similar story—heavy selling during the dip, then not much buying interest afterward.
Technical Indicators Remain Neutral
Looking at the four-hour chart doesn’t improve the picture much. Bitcoin formed what appears to be a double-top near $94,000 earlier in December, then fell hard. The $94,652 level has become significant resistance. Support around $83,814 has held so far, but recent bearish candles combined with volume spikes on downward moves suggest more selling than buying.
The daily chart reveals a broader context. Bitcoin has been trending downward since its October high of $126,272. It found a bottom at $80,537 before bouncing back to $94,000, but couldn’t push higher from there. There’s some evidence of accumulation in the $80,000 to $85,000 range, which might provide a foundation for future moves. But without breaking above the $94,000 to $100,000 zone with strong volume, the cryptocurrency seems stuck.
Oscillators aren’t giving clear signals either. The RSI sits at 44, which is neutral territory. The Stochastic at 72 and CCI at 26 don’t point strongly in either direction. The ADX at 28 indicates a weak trend, and the Awesome oscillator is slightly negative. Momentum shows a small positive reading at 3,804, and the MACD is at −1,489—these could be interpreted as mildly supportive, but they’re hardly convincing.
Moving Averages Tell a Story
Moving averages paint a mostly bearish picture. From the 10-period to the 200-period spans, nearly all exponential and simple moving averages suggest downward pressure. The 20-period simple moving average shows marginal bullishness at $89,933, but that’s the exception. The 200-period simple moving average sits at $108,844, which means bitcoin has significant ground to cover before reaching that level.
As we approach year-end, the question becomes whether bitcoin can break above resistance and finish 2025 strongly. The charts currently suggest caution rather than celebration. Perhaps 2026 will bring the breakout many have been anticipating, but this year serves as a reminder that hope needs confirmation to become reality.
If bitcoin can maintain above $88,000 and achieve a decisive breakout past $94,652 with substantial volume, there might be potential for a late-year reversal. Momentum indicators are starting to look somewhat constructive, and the accumulation in the lower range could form a base for 2026. But until resistance is clearly broken, optimism remains speculative.
Despite trading near $90,000, bitcoin remains below key resistance levels and significantly under its major moving averages. The failed rally to $94,000, combined with declining volume and a weak trend profile, keeps the outlook cautious. Without a strong close above $94,652, bitcoin risks ending 2025 quietly, leaving traders to look toward the new year for potential movement.
