NewsBTC •
December 31, 2025 at 01:40 •
Analysis
Bitcoin price trimmed all gains and dived below $88,000. BTC is now recovering losses from the $86,700 support but faces many hurdles. Bitcoin started a recovery wave above the $88,000 zone. The price is trading above $88,000 and the 100 hourly Simple moving average. There was a break above a declining channel with resistance at $87,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it stays above the $87,500 zone. Bitcoin Price Remains Bid Near Support Bitcoin price attempted a fresh increase above $88,500 but failed. BTC trimmed all gains and dived below $88,000. However, the bulls were active near the $86,700 zone. A low was formed at $86,700, and the price recently started a fresh increase. There was a clear...
