Bitcoin (BTC) Price Analysis for December 20
Analysis
Price Impact
LowBitcoin has shown a minimal price increase (+0.25%) and is trading in a tight, local channel with low volume, indicating a lack of strong directional momentum.
Trustworthiness
MedThe analysis is based on basic technical indicators (support/resistance, volume) provided by a known crypto news outlet, but it is an opinion piece.
Price Direction
NeutralBtc is currently consolidating between local support ($87,791) and resistance ($88,522). low volume suggests neither bulls nor bears are in control, and significant movement is unlikely until $90,000 is broken for an upward trend.
Time Effect
ShortSideways trading is expected on the hourly chart until tomorrow, with low volatility anticipated to continue until the end of the month on midterm charts.
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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 weekend has started with bulls' dominance, however, there are some exceptions, according to CoinMarketCap . Advertisement Top coins by CoinMarketCap BTC/USD The price of Bitcoin (BTC) has risen by 0.25% over the last 24 hours. Image by TradingView On the hourly chart, the rate of BTC is in the middle of the local channel between the support of $87,791 and the resistance of $88,522. As neither side is dominating, sideways trading around the current price is the more likely scenario until tomorrow. Image by TradingView On the bigger time frame, the price of the main crypto is far from the main levels. The volume remains low, which means neither buyers nor sellers have accumulated enough strength to seize the initiative. You Might Also Like Fri, 12/19/2025 - 15:32 Binance Coin (BNB) Price Analysis for December 19 By Denys Serhiichuk Bulls may only start thinking about an upward move if the nearest level of $90,000 is broken. Image by TradingView From the midterm point of view, the situation is similar. In this case, traders are unlikely to witness increased volatility until the end of the month. Bitcoin is trading at $88,222 at press time. #Bitcoin Price Prediction