Dec 18, 2025
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Bitcoin Faces Key Resistance at $93,000 Amid Ongoing Downtrend
Bitcoin is at a decisive point, clinging to crucial weekly support while momentum fades. Despite holding above a significant zone, repeated rejections suggest waning buyer control. Macro pressures and untested liquidity levels could dictate the next move, possibly stabilizing BTC or triggering a deeper decline.
Short-Term Downtrend Persists
- Analyst Michael Van De Poppe notes Bitcoin's rejection at a key resistance level, maintaining the short-term downtrend.
- A breakout above $88,000 is needed to reverse this trend and signal potential upward momentum.
- Failure to break out may lead to testing liquidity at $83,000, with potential further declines to $80,000.
- Upcoming macroeconomic events could increase market volatility.
Challenges at $93,000 Resistance
- Bitcoin faced rejection at $93,000 but maintains structure above the $86,000 support zone, supported by the 100-week moving average.
- The broader structure suggests possible deeper downside, aligning with the April low around $78,000.
- A potential retest of the $70,000 level is seen as a long-term buying opportunity if the pullback extends.
