Bitcoin (BTC) Price Analysis for December 13
Analysis
Price Impact
MedBitcoin has declined 2.45% in the last 24 hours. a false breakout of local support at $90,124 could lead to a dump to the $90,000 area and potentially $88,000. midterm, the correction could continue to $85,000.
Trustworthiness
MedThe analysis is based on technical indicators, chart patterns, support levels ($90,124, $90,000, $88,000, $85,000), and candle closure observations.
Price Direction
BearishThe market is experiencing a fall, and the analysis suggests a continuation of the correction with potential further declines if key support levels fail to hold. no reversal signals are present.
Time Effect
ShortThe analysis focuses on hourly chart movements, daily bar closes, and immediate reactions to local support levels, indicating a near-term outlook.
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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 weekend has started with a market fall, according to CoinMarketCap . Advertisement Top coins by CoinMarketCap BTC/USD The rate of Bitcoin (BTC) has declined by 2.45% over the last 24 hours. Image by TradingView On the hourly chart, the price of BTC has made a false breakout of the local support of $90,124. However, if a bounce back does not happen and the daily bar closes near that mark, one can expect a dump to the $90,000 area and below. Image by TradingView On the bigger time frame, there are no reversal signals so far. As the rate of the main crypto is far from the key levels, one should focus on the interim zone of $90,000. You Might Also Like Fri, 12/12/2025 - 15:38 XRP Price Prediction for December 12 By Denys Serhiichuk If a breakout happens, the accumulated energy might be enough for a more profound decline to the $88,000 range. Image by TradingView From the midterm point of view, traders should focus on the candle closure in terms of the $94,172 level. If it happens far from it, the correction is likely to continue to the $85,000 mark. Bitcoin is trading at $90,179 at press time. #Bitcoin Price Prediction