Bitcoin’s Year-End Stance

Bitcoin is hovering around the $89,500 to $90,100 range as we approach the final weeks of 2025. I think traders are watching this closely, wondering if we’ll see a strong finish or something more subdued. The price action feels a bit stuck, honestly. After hitting what looks like a blow-off top at $94,652 earlier, bitcoin has been shuffling sideways rather than making any decisive moves.

Looking at the shorter timeframes, the one-hour chart shows a pattern of lower highs and lower lows. That’s typically a bearish structure, and the volume data seems to confirm the lack of enthusiasm. There was heavy selling during the recent dip to $89,400, but the buying since then has been, well, uninspiring. To shift sentiment, bitcoin would need to push past $91,000 convincingly. Right now, it feels more like it’s loitering than leading.

Broader Technical Picture

Zooming out to the four-hour chart doesn’t improve the mood much. Bitcoin printed what appears to be a double-top near $94,000 earlier in December, then tumbled hard. That $94,652 level has become significant resistance. Support around $83,814 has held firm so far, which is something. But the recent bearish candles, combined with volume spikes on downward moves, suggest more distribution than accumulation.

A reclaim of $92,000 would improve the outlook, but time is running out for a Q4 rally. The daily chart tells a broader story of decline since the October high of $126,272. There was a bottom at $80,537 before the rebound to $94,000, but that higher level couldn’t be sustained.

Indicators and Moving Averages

The technical indicators are giving mixed signals, perhaps leaning toward neutral. The RSI sits at 44, Stochastic at 72, and CCI at 26—all pretty middle-of-the-road readings. The ADX at 28 suggests a weak trend, which matches what we’re seeing in the price action.

Moving averages tell a clearer story, and it’s not particularly bullish. From the 10-period to the 200-period spans, nearly every EMA and SMA suggests downward pressure. The 200-period SMA is way up at $108,844, which shows how much ground bitcoin would need to cover to get back into a stronger position. The only exception is the 20-period SMA showing marginal bullishness at $89,933.

What Comes Next

As we approach December 31, the question is whether bitcoin can break above that $94,652 resistance with real volume. If it can hold above $88,000 and muster a decisive breakout, there might be groundwork for a late-year reversal. Some accumulation seems to have happened in the $80,000–$85,000 range, which could form a base for 2026.

But without a strong close above $94,652, bitcoin risks ending 2025 with what feels like a muted finish. The charts are suggesting caution rather than celebration right now. Momentum indicators are beginning to lean constructive, but until resistance is cleared convincingly, any optimism remains speculative.

2026 might hold the breakout everyone’s been waiting for, but this year reminds us that hope without confirmation doesn’t mean much in markets. For now, bitcoin remains trapped below key resistance levels and well under its major moving averages. The failed rally to $94,000, combined with declining volume and a weak trend profile, keeps the outlook cautious.