NewsBTC •
December 9, 2025 at 03:40 •
Analysis
Bitcoin price struggled to stay above $92,000. BTC is now consolidating gains and might dip again if there is a clear move below $89,500. Bitcoin started a downside correction from the $92,500 zone. The price is trading below $91,000 and the 100 hourly Simple moving average. There is a contracting triangle forming with support at $90,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it settles above the $92,500 zone. Bitcoin Price Dips Again Bitcoin price managed to stay above the $90,000 zone and started a fresh increase. BTC gained strength for a move above the $91,500 and $92,000 levels. However, the bears were active near $92,500. A high was formed at $92,269 and the price recently corrected some gains. The...