Bitcoin (BTC) Price Analysis for December 10
Analysis
Price Impact
MedBitcoin is at a pivotal point, near local support at $91,800. a break below could lead to a correction to $91,000, while a strong close above $94,172 could trigger a rally to $96,000-$98,000. overall, low volume suggests midterm consolidation.
Trustworthiness
MedThe analysis uses technical indicators (support/resistance, volume) but provides multiple conditional scenarios and includes a disclaimer from the publisher. the low volume mentioned adds a layer of uncertainty for strong directional moves.
Price Direction
NeutralCurrently, the market lacks strong conviction from either bulls or bears, indicated by low volume. the price could either drop to $91,000 if local support breaks or surge to $96,000-$98,000 if key resistance is overcome. midterm consolidation between $91,000-$96,000 is the most likely scenario given current conditions.
Time Effect
ShortShort-term movements are discussed for 'tomorrow' (hourly chart) and a 'longer time frame' focusing on daily/4h candle close. the midterm consolidation is projected 'until the end of the month'.
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Article Content:
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 majority of the coins are rising in the middle of the week, according to CoinStats . Advertisement Top coins by CoinStats BTC/USD The rate of Bitcoin (BTC) has increased by 1.57% over the last 24 hours. Image by TradingView On the hourly chart, the price of BTC is near the local support of $91,800. If a bounce off does not happen until tomorrow, traders may expect a level. breakout, followed by an ongoing correction to the $91,000 zone. Image by TradingView On the longer time frame, one should focus on the bar's closure in terms of the $94,172 level. Until the rate is below that mark, there is still a chance to see a more profound drop. You Might Also Like Tue, 12/09/2025 - 16:11 Bitcoin (BTC) Price Analysis for December 9 By Denys Serhiichuk However, if the price fixes above the resistance, the accumulated energy might be enough for a blast to the $96,000-$98,000 range. Image by TradingView From the midterm point of view, none of the sides has enough strength for a sharp move. This is confirmed by the low volume. All in all, consolidation in the area of $91,000-$96,000 is the most likely scenario until the end of the month. Bitcoin is trading at $91,989 at press time. #Bitcoin Price Prediction