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Bitcoin Price Dilemma: Bull and Bear Paths in Play
Bitcoin may be at all-time highs, but it's also at a potentially key crossroads for its price, chart data shows.
작성자 Omkar Godbole
Fresh off all-time highs, bitcoin is trading sideways and showing signs of bull exhaustion.
As per CoinDesk's Bitcoin Price Index (BPI), the world's largest cryptocurrency by market capitalization is trading at roughly $16,850. But despite the high price, according to data source CoinMarketCap, BTC has only gained a meager 0.70 percent in value in the last 24 hours, a slight move that contrasts with a stellar performance for alternative currencies.
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For example, XRP, the cryptocurrency that powers the Ripple network, is up 67 percent on the day, while ether is up 25 percent and looking higher.
As noted yesterday, the stellar performance of ether, litecoin and other alternative currencies could attract new buyers, thus capping the upside in BTC. Also, comments on social media indicate investors are expecting sideways action followed by a drop after the bitcoin futures listing by the CME Group this Sunday.
As such, the price chart analysis indicates the move to $20,000 could take more time than previously thought.
4-hour chart
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The bearish doji reversal and the breach of the ascending trend line have neutralized the immediate outlook.
Bullish scenario: A move above $18,149 (yesterday's high) would negate the bearish doji reversal and open doors for a rally to $19,697 (Dec. 7 high) and $20,000 (bull flag breakout target).
Note that the bigger rising trend line is still intact. Further, the relative strength index on the 4-hour chart indicates a potential for another leg higher in BTC. So the upside is still in play and a break above $18,149 would reinforce the bullish view.
Bearish scenario: A break below $16,750 (doji candle low) would add credence to the breach of the ascending trend line and the doji reversal. In such a case, BTC could test support at 15,400 (confluence of upward sloping 50-MA and rising trend line).
On a larger scheme of things, only a daily close (as per UTC) below $14,000 would abort the bullish view.
Dividing roads via Shutterstock
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알아야 할 것:
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- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Bitcoin's massive underperformance to stocks in Q4 bodes well for January, says K33's Lunde
After an active morning Tuesday, bitcoin flattened out in afternoon trading around the $87,500 area, up 2% over the past 24 hours.
What to know:
- Bitcoin held in the $87,500 in U.S. afternoon action on Tuesday, up 2% over the past 24 hours.
- K33 analyst Vetle Lunde suggested BTC's relative weakness to stocks this quarter could mean rebalancing-led buying once January rolls around.
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