Dec 7, 2025
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Bitcoin Hovers Between Key Price Zones, Possible Move Toward $107,000
Bitcoin is currently positioned between two significant price zones, with potential movement toward $107,000 or a drop to $71,000.
Key Points:
- BTC failed to maintain above $90,720, leading to a decline. Immediate support is at $87,644, with deeper support between $83,822 and $82,477.
- A move above the pink box resistance could see BTC challenge the descending trendline, aiming for resistance levels at $98,200 and $107,500.
- A daily close below $82,477 might lead to further weakness, but strong support exists in the $74,496–$71,237 zone, historically significant since November 2024.
Price Rejection at $93,000–$95,000 Zone:
- Bitcoin faced rejection at $93,000–$95,000, dipping towards the $86,000–$87,500 support range due to selling pressure.
- The $86,000–$87,500 zone is crucial; maintaining it could push BTC back to $93,000–$95,000 or higher.
- If this support fails, expect a slide to lower price zones as bearish pressure increases.
