NewsBTC •
December 23, 2025 at 04:00 •
Analysis
Bitcoin price started a decent recovery wave above $88,000. BTC is now consolidating below $89,000 and might aim for a fresh increase. Bitcoin started a recovery wave above the $87,500 zone. The price is trading above $87,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $87,900 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 $89,100 zone. Bitcoin Price Eyes More Gains Bitcoin price attempted a fresh recovery wave above $87,500 and $88,000. BTC even cleared the $88,800 resistance and tested the $90,500 hurdle. A high was formed at $90,552 and the price is now consolidating gains. There was a minor decline below $89,000 and $88,500. The price d...
