NewsBTC
Dec 24, 2025
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Bitcoin Price Declines Below $88,500, Faces Further Downside Risk

Bitcoin's price has dropped below $88,500, continuing its decline and facing potential further losses. Key points include:

  • Bitcoin began a decline from the $90,500 zone.
  • Currently trading below $88,000 and the 100 hourly Simple Moving Average.
  • A bearish trend line is forming with resistance at $87,650.
  • The price might fall further if it goes below $86,800.

Resistance and Support Levels

  • Immediate resistance is at $87,650, followed by $88,500 and $89,100.
  • If Bitcoin breaks above $89,100, it may test resistance at $90,000 and potentially reach $91,500 to $92,000.
  • Support levels are at $87,000, $86,750, and $86,000.
  • Main support is at $84,500, which could lead to accelerated declines if breached.

Bitcoin Price

Technical Indicators

  • Hourly MACD is gaining pace in the bearish zone.
  • Hourly RSI is below the 50 level.
  • Major support at $86,750 and $86,000.
  • Major resistance at $87,650 and $88,500.

Bitcoin's ongoing fluctuations indicate a cautious approach as it navigates these critical price levels. More declines are possible if key supports do not hold.