Bitcoin’s Year-End Drama: Will It Party Like It’s 2023? 🚀💸

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The end of the year is under bulls’ control, according to CoinStats. Or maybe they’re just really into yoga and candles? 🐘🕯️

BTC/USD

The price of Bitcoin (BTC) has risen by almost 1% over the past day. Who knew crypto could be as exciting as watching paint dry? 🎨💤

On the hourly chart, the rate of BTC has made a false breakout of the local resistance at $88,889. However, if buyers can seize the initiative and keep the price near that mark, growth may continue to the $90,000 zone. Basically, Bitcoin did a fake-out on the $88,889 level-because nothing says “I’m serious” like a dramatic fake punch. 🥊

From the midterm point of view, the picture is less bullish. The rate of the chief crypto is far from the support and resistance levels, which means the sideways trading around the current prices is the most likely scenario until the end of the week. Translation: It’s stuck in the financial equivalent of a TikTok dance-no direction, just vibes. 🕺

From the midterm point of view, the situation is similar. The volume keeps falling, confirming the absence of buyers and sellers’ energy. Because nothing says “market excitement” like a ghost town with more crickets than cash. 🦗

All in all, traders may expect continued consolidation in the narrow range of $86,00-$92,000. In other words, prepare for a holiday romance movie plot-predictable, cozy, and lacking any real drama. 🎬🍿

Bitcoin is trading at $88,574 at press time. Which is basically the crypto version of “meh.” 💸

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2025-12-30 21:31