BitcoinAs we entered the last days of the year, it attracted attention by exceeding the $ 90,999 level under weak liquidity conditions, but analysts emphasize that the movement was due to technical factors rather than a strong break. The cryptocurrency market’s largest asset continues to move in a narrow price band throughout December, going through a period where short-term purchases have a disproportionate impact on the price. Market participants point out that volatility may temporarily increase as trading volume decreases due to the Christmas and New Year holidays. Despite this, the overall picture shows that Bitcoin’s search for direction is not over yet.
Technical Reaction and Limited Area of Action in December
Bitcoin rose by approximately 2.8 percent in the last 24 hours, briefly reaching $ 90,200 in the first hours of the day, and then gave back some of its gains. According to analysts, the price exceeding the $ 90,000 threshold was due to the technical recovery of the level that has been followed as resistance for a long time, rather than a new fundamental development. This activity led to the closing of short positions and the acceleration of momentum-oriented purchases.
The biggest in December cryptocurrencyrevealed a squeezed outlook between around $86,500 and $90,000. Expiration of option maturities, altcoin marketThe correlation effect of the movements in prices and the reactivation of technical support levels were among the factors that fed the upward reaction of the price. However, the low volume seen in the stock exchanges in the last weeks of the year paved the way for even relatively small transactions to rapidly increase the price.
During this period, Bitcoin performed poorly compared to traditional markets. US stocks While it reached record levels, a similar acceleration was not seen in the cryptocurrency market. Analysts state that this divergence shows that risk appetite has not yet fully returned to cryptocurrencies.
Weak Liquidity, Sentiment and 2026 Prospects
Market sentiment has gradually moved away from the extreme levels of fear seen in mid-December and towards a more balanced outlook. The improvement in the Crypto Fear and Greed index shows that investors are starting to take positions again, albeit cautiously. On the other hand, the low liquidity environment specific to the end of the year makes it difficult for the price to establish a stable trend.
Analysts state that it will be closely monitored whether Bitcoin can remain above $ 90,000 as we enter the new year. While volumes are expected to remain limited in the first days of January, it is important for the technical outlook that daily closings are above this level. At the same time, it is also expressed that tax-induced ETF outflows put pressure on the price in December, and that this effect may weaken in the new year.
In the longer term, eyes are turned to early 2026. Possible ETF The re-acceleration of inflows, progress in the regulatory framework and the monetary policy of the US Federal Reserve (Fed) stand out as the determining factors for institutional investors to turn to the market. Analysts think that if all these issues become clear and work in the market’s favor, a more structural rise period may come to the fore in the cryptocurrency market.
