Bitcoin Price Holds Firm—Is a Fresh Bullish Wave About to Start?

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NewsBTC • December 12, 2025 at 04:00 • Analysis
Bitcoin price stayed above the $90,000 support zone. BTC is now rising and might soon aim for an upside break above the $94,000 resistance. Bitcoin started a downside correction from the $94,500 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $92,950 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 $93,500 zone. Bitcoin Price Aims Upside Break Bitcoin price failed to gain strength for a move above the $94,000 and $94,500 levels. BTC started a downside correction and traded below the $92,500 support. There was a clear move below the 50% Fib retracement level of the upward move from the $87,776 swing low ...

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