Bitcoin (BTC) Price Analysis for December 9
Analysis
Price Impact
HighBitcoin has broken local resistance at $90,858 and could reach $92,000 by tomorrow. a breakout above $93,753 could lead to a significant price blast into the $96,000-$100,000 range this week, indicating substantial upward potential.
Trustworthiness
MedThe analysis uses specific technical levels (resistance, volume) to project price movements. however, it also notes midterm neutrality and includes a general disclaimer, indicating a balanced but not absolute certainty.
Price Direction
BullishBoth the hourly and longer timeframes suggest bullish momentum. the hourly chart points to $92,000, while a larger breakout could drive btc to $96,000-$100,000. while the midterm view is neutral, the immediate and short-term outlook is positive.
Time Effect
ShortThe targets for $92,000 are set 'by tomorrow' and the $96,000-$100,000 range is relevant 'throughout this week', indicating a short-term focus for these bullish scenarios.
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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 Most of the coins keep trading in the green zone; however, there are some exceptions to the rule, according to CoinMarketCap . Advertisement Top coins by CoinMarketCap BTC/USD The rate of Bitcoin (BTC) has gone up by 1.16% over the last 24 hours. Image by TradingView On the hourly chart, the price of BTC has broken the local resistance of $90,858. If bulls can hold the gained initiative, the upward move is likely to continue to the $92,000 zone by tomorrow. Image by TradingView On the longer time frame, traders should focus on the nearest level of $93,753. If its breakout happens, the accumulated energy might be enough for a price blast to the $96,000-$100,000 range. You Might Also Like Mon, 12/08/2025 - 15:57 Bitcoin (BTC) Price Analysis for December 8 By Denys Serhiichuk Such a scenario is relevant throughout this week. Image by TradingView From the midterm point of view, none of the sides is dominating, as the rate of BTC is far from key levels. Thus, the volume has dropped, which means ongoing sideways trading around the current prices is the most likely scenerio. Bitcoin is trading at $91,486 at press time. #Bitcoin Price Prediction