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Bitcoin Price Prediction: BTC Trapped in Downward Channel as $90K Pivot Looms - The Bull’s Next Move?

Bitcoin Price Prediction: BTC Trapped in Downward Channel as $90K Pivot Looms - The Bull’s Next Move?

Author:
Cryptonews
Published:
2025-12-23 23:54:43
19
1

Bitcoin's stuck in a rut—and everyone's watching the $90,000 line.


The Channel That Won't Break

For weeks, the king of crypto has been bouncing between invisible walls. Every rally gets slapped down, every dip gets bought—but the overall trajectory keeps pointing south. It's a classic technical pattern that's got traders glued to their screens, waiting for the breakout that could define the next major trend.


The $90K Pivot Point

All eyes are on that magic number: ninety thousand dollars. It's not just a psychological barrier; it's the calculated pivot point where analysts believe momentum could violently shift. A clean break above could signal the end of the correction and a sprint toward new highs. A rejection? That likely means more sideways grinding in the bearish channel. The market's holding its breath—because in crypto, these levels are where fortunes get made and lost in minutes.


The Waiting Game

So what's an investor to do? The data from the chart is clear: we're in a defined downward channel until proven otherwise. The sentiment is a tense mix of fear and greed, with long-term holders digging in and short-term speculators getting whipsawed. It's the kind of market that separates the diamond hands from the paper ones—and reminds everyone that traditional finance's "slow and steady" is a concept as outdated as a fax machine on a trading floor.

One thing's certain: when Bitcoin finally picks a direction, it won't be subtle. The $90K pivot isn't just a number—it's the tripwire for the next big move.

Bitcoin (BTC/USD) Technical Picture: Consolidation, Not Breakdown

On the 4-hour chart, Bitcoin price prediction seems bearish as BTC continues to trade inside a descending channel that formed after the rejection near $94,200 earlier this month. Importantly, downside follow-through has been limited. Each move toward the $84,500–$85,000 zone has attracted buyers, creating higher lows within the channel.

Price is currently squeezed between the 50-EMA NEAR $88,200 and the 100-EMA around $88,850, a compression that often precedes a directional move.

Recent candlesticks show small bodies and spinning tops, reflecting balance rather than panic selling. Momentum indicators echo this pause, with RSI near 44 and showing early signs of bullish divergence.

Bitcoin Price Chart – Source: Tradingview

Bitcoin Outlook: What Could Come Next

From a pattern standpoint, the structure resembles a falling flag, a setup that often resolves higher if support holds. A brief dip toward $85,000 followed by a break above $90,500 WOULD shift momentum back in favor of the bulls. Such a move could reopen the path toward $94,200, with $98,000 emerging as a stretch target if confidence rebuilds.

For now, Bitcoin is consolidating rather than distributing. As long as $84,500 remains intact, the market looks more like it’s preparing for its next move than bracing for a deeper collapse. In phases like this, patience often pays, especially as sentiment resets and longer-term opportunities begin to take shape.

PEPENODE: A Mine-to-Earn Meme Coin Nearing Presale Close

PEPENODE is gaining momentum as a next-generation meme coin that blends viral culture with interactive gameplay. With over $2.38 mn raised and the presale approaching its cap, interest is building fast as the countdown enters its final stretch.

What makes PEPENODE stand out is its mine-to-earn VIRTUAL ecosystem. Instead of passive holding, users can build digital server rooms using Miner Nodes and facilities, earning simulated rewards through a visual dashboard. The concept brings gamification and competition into the meme coin space, giving holders something to do before launch.

The project also offers presale staking, allowing early participants to earn boosted rewards ahead of the token generation event. Leaderboards and bonus incentives are planned post-launch to keep engagement high.

With 1 $PEPENODE priced at $0.0012064 and limited allocation remaining, the presale is entering its final opportunity window for early buyers.

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