Bitcoin has been moving sideways around $88k for a while now. Support seems to be near $85k, with resistance around $93k.
I’m seeing mixed opinions, some people expect $133k next year, others think a pullback to $75k is more likely.
With holiday volume being low, it feels like a bigger move is coming. What’s your take, breakout or breakdown?
I don’t know man. Look at the other 7863773 posts asking pretty much the same question. In these groups. The reality is nobody knows. There’s a lot of people talking like they do though. 🤷♂️
This is what happens when there's no intrinsic value to measure against. Whatever the people who control the levers want to happen to the price happens. Lol
It's so obvious it's going up, i don't even know what to say.
this is why i just stick to stuff i believe in long term like SOL ETH and been adding SEI lately. cheaper to stack while everyone's paralyzed waiting for BTC to "do something"
Based on my analysis of approximately one year, plus institutional data, there is selling pressure in December due to multiple factors: - Tax-loss harvesting - investors selling losing positions to optimize taxes before the fiscal year-end (December 31st) - Liquidity needs - holiday expenses, corporate fiscal year-end - Low volume due to holidays - less liquidity = sharper movements with small orders Regarding the December 26th options: it's the largest BTC expiration in history (approximately $23-27 billion on Deribit). The "maximum pain" is between $85k and $96k according to different analyses. But be aware: the maximum pain theory is debated - it doesn't guarantee that the price will go up or down afterward; it could go anywhere. Personal anecdote: I bought approximately $5 worth of SHIB in February 2021 and completely forgot about it. I checked a year later out of curiosity - I had approximately $500. Involuntary holding outweighed any active strategy I could have implemented. Sometimes doing nothing is the best option.
This is the hopium I came for
You can put it in your pipe and smoke it.
Max pain for option holders expiring the 26th is mid 90s , watch out for that
It’s these options that are propping up the price. Post-26th, the most likely scenario is chop lower in the Super Trend channel. The gravity is down.
The SHIB example is the key point. Time in the market beats most “analysis,” especially in assets this volatile.
I just sold some BTC to cover some costs of my wedding. Sorry for the -0.7% today guys
Let me check my technical analysis
https://preview.redd.it/vadtylqtlw8g1.png?width=2855&format=png&auto=webp&s=658357c5be1158c7373dc834267c136b1502323d
Who knows. I only know that I’m in it for the long term and try not to let short term price swings get to me.
Stacking with blinders on. Eventually supply shock occurs. If that takes 6 months or a year even two I dont care. It's just that much more btc I'll have when it spikes. I'd actually prefer a drop to 75k. More sats for me.
I still feel like it’s more likely to pull back in the new future than hit new highs or get back to the ATH. There’s just too many headwinds and negative metrics imo about.
I'm ok with sideways chop between 75-95k for a couple months. Make people forget about Bitcoin.
The sideways action around ~$88k is actually the story — not what comes next.
Structurally, BTC is sitting inside a defined range, not compressing at an extreme. The levels you mentioned (~$85k support / ~$93k resistance) line up with where price has consistently found buyers and sellers over the last few months.
What’s interesting to me isn’t the price chop, but the participation underneath it:
• BTC itself is slightly positive structurally (not weak, not extended)
• Most alts are still neutral-to-bearish
• Only a handful of names are showing relative strength
That’s usually what a pause, not a launch, looks like.
Low holiday volume doesn’t automatically mean a breakout is coming — it often just means the range persists longer. Breakouts tend to come when breadth expands, not just when price goes quiet.
Until BTC either:
• Holds firmly above the upper end of the range, or
• Loses the lower end with participation
the highest-probability outcome is more waiting.
In my experience, the biggest mistake in environments like this is forcing a directional view when the market is still deciding who’s in control.
https://preview.redd.it/ipywz5imnv8g1.png?width=2940&format=png&auto=webp&s=2ea9a1a3fe23e92293a4d354c03e7de471949461
written by chat gpt
I think we are at a head and shoulders pattern where the top of the head was 126k and we are at that bottom arch in between the head and the right shoulder. We are about to go up but before that happens the whales and exchanges want to dump down to 80k first and they've been trying many times the last few times. But everytime it goes down a little bit it keeps getting bought back up prolonging the sideways torture. Ultimately, the whales always win and they will get that dump to 80k before it goes up. Its just this is getting prolonged. I think they were originally planning to dump around around 19th/20th but it keeps getting bought back up which is why we keep getting this annoying sideways move.
Seems a lot more likely to lose another 15% vs gaining 60%, just from a velocity standpoint.
It's impossible to know as btc as no intrinsic value. Will there be more greater fouls in 2026? That's the only question you should ask yourself.
It could go either way. I think we will know more after the holidays
I personally hope bitcoin keeps going sideways or lower for the next 1-2 years so that I can stack up more.
Wich direction has bitcoin gone since the beginning of the bull run around 2012?? If you take a look at any chart for bitcoin it'll tell you up ☝️☝️☝️ n ☝️ so I'm still hoodling 😀
Until bulls can stop chickening out at 94k, it won't go higher.
[deleted]
Or maybe cycles matter?
One gambler asking other gamblers if he should gamble more.
Gotta wait for Wall Street to catch up on their accumulation. HODL
Who's everyone lol. Not Monero.
What happens next is you pull your head out of your ass and stop obessing over what might and might not happen.
No idea. Nobody knows. It’s basically gambling at this point
Everyone always goes long or short, I always say open sides only
It goes down or up. Obviously in a consolidation area. You play it during a move.
Predictability is rare here, so stick to BTC spot buys and only invest what you can afford to lose.
Bias is lower, because we're 6 weeks into bear market - trade the chart in front of you, not what you want to see, and definitely not what your favourite KOL is shilling.
Additionally, you have tax loss harvesting - hijacked coin has been the worst-performing asset in the world on an absolute and risk-adjusted basis since IBIT options launched.
Also, Bessent scheduled issuance on 31st Dec so it's another liquidity rugpull.
Fair points. Short-term bias can be bearish without invalidating the bigger picture.
Bigger picture is also bearish - hijacked coin hasn't been healthy since early July ATH when price discovery lasted whooping 15 minutes.
HTF is broken, there's nothing bullish about this chart given macro context and everything else at ATHs.
BTC has never been this weak, even at the bottoms of bear markets. And this one has only just started.
I also expect some thing big is coming
My first entry will be 70
We’ve been in a fucking bear market for a while now. Stop with the hopium 😂
only god and trump know
It is trading underneath its declining 50 day Moving average and short term trend is down. Therefore I believe it has slightly higher odds to break below 80k before the bottom is put in. However, no one truly knows! Just my perspective off technicals
It goes up and down for the next couple years. You new?
Keep DCA and wait for all the small BTC DATs to sell the bottom.
Giga expiry Friday will decide
BTC often sets the overall market sentiment, so when it rallies or dips, solid utility projects react along for the ride.
As for me, I expect BTC to exceed everyone's expectations next year (above or below $133K, I can't actually tell) because institutional adoption is increasing, liquidity is set to flood the market, and market structure signals a strong upward cycle.
If you research on projects like AIOZ, RDNR, you will find that, beyond just following BTC, they have real use cases, Web3 streaming, decentralized storage, and evolving AI models. Those fundamentals mean they can potentially outperform when the broader market shifts, making them worth holding even during BTC driven swings.
500k
Everyone's waiting for Bitcoin, I'm waiting for Kaspa
Kaspa is waiting for btc. The whole market is.
Nobody knows. And BTC doesn’t have any value besides hedge against the dollar and store of value. All those who think it’s going to be used as currency are crazy. The powers that be would never let something they can’t control be used. Sure some people will send it back and fourth and some businesses accept it but it will not be anything more than that. I think we would be lucky to see 150k by 2027-2028.
Well most idiots are saying a pullback to like $35k is more likely
Approximately that price point is VERY likely sometime in 2026.
If you just listen to reddit which are are the worst people to listen to regarding crypto then yeah it is "VERY likely" however for your own sake I would really suggest using other sources to base your predictions off
What sources would you suggest? Genuine curiosity question as I share your POV and never bad to diversify the info
the market does what people *think* it will do---self-fullfilling prophecies.
Are they idiots? Yes
Should we take the sentiment on reddit serioulsy? Yes
70k is far more likely imo.
Maybe you are the idiot for thinking it can only go up. Happend plenty of times. It actually makes more sense that it does...
4 year cycle sellers are out
Sellers fearing carry trade are out.
Who else is holding it back?
All in on Solana, baby
The governments that be will decide to rugpull the remaining wealth of the public and small nations by crashing Bitcoin and actually implementing the Great Reset that they've told us was in the works for years... They just needed to get the hidden wealth in a more localized place first. All digital currency not issued and tracked by governments are declared illegal for purchasing or selling goods and services. Bitcoin and other key token holders can trade among themselves, but not with public or private entities, as it will be worthless for any real world application. Maybe not what happens immediately next... But it's coming. Compliments of the WEF, World Bank, and IMF. Crazy how people think they are going to circumvent the planned future with something like Bitcoin. A piece of bad news could come out tomorrow and destroy it almost instantly.
Big schizo vibes lol
Just wait for it, that's the only defense I'm going to give. You'll live to see it with your own eyes... Hopefully
Edit: And pay attention to world events. Especially the things that the WEF does and says going forward. More specifically, how they try to use the global warming narrative (which is real) to achieve their purposes. Or... Just read the books, "The Great Reset", and "The Great Narrative" by Klaus Schwab of the WEF. You don't need to guess to figure out which way the world is being directed. You just have to pay attention.
U need to wait, you're kick your self if it hits 50 ,but long term is long term, 80 or 50 same same.
Breakdown, i hope we see 25k.