Bitcoin (BTC) Price Analysis for December 7
Analysis
Price Impact
MedBears have taken the initiative, leading to a modest 2% decline in btc price. however, the analysis suggests a period of consolidation rather than a sharp movement due to declining volume and lack of clear dominance from either buyers or sellers.
Trustworthiness
MedThe analysis is based on technical indicators and market observation from a crypto news outlet. while providing specific price ranges, it includes a disclaimer about opinions and the need for personal research.
Price Direction
NeutralDespite a recent bearish turn and a small price drop, the overarching prediction is for consolidation within the $85,000-$95,000 range. low volume indicates a lack of strong directional momentum.
Time Effect
ShortThe analysis explicitly mentions low chances of increased volatility over the 'next few days' and consolidation from a 'midterm point of view,' indicating immediate to near-term stagnation.
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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 Bears have seized the initiative on the last day of the week, according to CoinStats . Advertisement Top coins by CoinStats BTC/USD The rate of Bitcoin (BTC) has declined by almost 2% since yesterday. Over the last week, the price has fallen by 3.58%. Image by TradingView On the hourly chart, the price of BTC is in the middle of the local channel between the support of $87,744 and the resistance of $89,757. You Might Also Like Sat, 12/06/2025 - 16:05 Bitcoin (BTC) Price Analysis for December 6 By Denys Serhiichuk As neither side is dominating, traders are unlikely to witness sharp moves by tomorrow. Image by TradingView A similar picture is on the bigger time frame. The volume has declined, which means there are low chances to see increased volatility over the next few days. Image by TradingView From the midterm point of view, the price of the main crypto is far from the support and resistance levels. As neither buyers nor sellers are dominating, consolidation in the range of $85,000-$95,000 is the more likely scenario. Bitcoin is trading at $88,834 at press time. #Bitcoin Price Prediction