Bitcoin (BTC) Price Analysis for December 6
Analysis
Price Impact
MedBitcoin has shown a slight daily decline, but hourly charts suggest potential upside towards $91,000 if resistance holds. however, larger timeframes indicate a more bearish outlook with potential correction to $86,000. overall volume is low, suggesting no sharp immediate moves.
Trustworthiness
MedThe analysis uses technical indicators (hourly, daily, and midterm charts, resistance levels, volume) but presents a mixed outlook with conflicting signals across different timeframes and acknowledges low trading energy.
Price Direction
NeutralWhile the hourly chart shows a bullish signal if $89,800 is held, the broader daily chart leans bearish, suggesting a possible drop to $86,000. the midterm view indicates indecision with neither bulls nor bears firmly in control due to low volume.
Time Effect
ShortThe analysis focuses on hourly and daily chart movements, discussing potential shifts over the very near term (hours to a few days) and explicitly states that sharp moves are unlikely soon, pointing to short-term consolidation or minor movements.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News The cryptocurrency market is mainly red at the beginning of the weekend, according to CoinStats . Advertisement Top coins by CoinStats BTC/USD The price of Bitcoin (BTC) has declined by 0.35% over the last day. Image by TradingView On the hourly chart, the rate of BTC has broken the local resistance of $89,800. If bulls can hold the gained initiative and the daily bar closes far from that mark, the upward move may continue to $91,000. Image by TradingView On the bigger time frame, the situation is more bearish than bullish. As the price of the main crypto is far from the key levels, one should pay attention to the candle closure in terms of yesterday’s bar low. You Might Also Like Fri, 12/05/2025 - 15:50 Bitcoin (BTC) Price Analysis for December 5 By Denys Serhiichuk If it happens near $88,000, there is a high chance to see an ongoing correction to the $86,000 range. Image by TradingView From the midterm point of view, neither side has seized the initiative. The volume remains low, confirming the absence of buyers' and sellers' energy. All in all, traders are unlikely to witness sharp moves soon. Bitcoin is trading at $89,927 at press time. #Bitcoin Price Prediction