Dec 18, 2025
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Bitcoin Price Faces Resistance at $87,800 Amid Bearish Pressure
Bitcoin price recently attempted a rise to $90,000 but faced resistance and is now consolidating below $88,000.
- The price dropped below $87,000 and is currently under the 100 hourly Simple Moving Average.
- A break occurred below a support trend line at $86,450 on the BTC/USD hourly chart.
- Bulls are maintaining activity around the $85,250 zone, with a recent low at $85,282 followed by an upward correction.
Resistance and Support Levels
- Immediate resistance is near $86,800, with key resistance at $87,350.
- A move above $87,800 could prompt further gains towards $88,000 and potentially $89,200.
- If Bitcoin fails to overcome $87,800, it may drop further with supports at $85,500, $85,250, and $85,000.
- A decline below $85,000 could lead to a fall towards $84,200 or even $83,500.
Technical Indicators:
- Hourly MACD: Losing momentum in the bearish zone.
- Hourly RSI: Below 50, indicating potential further downside.
