Bitcoin (BTC) Price Analysis for December 28

Bitcoin (BTC) Price Analysis for December 28

Source: UToday

Published:2025-12-28 17:15

BTC Price:$87906

#BTC #Bullish #PricePrediction

Analysis

Price Impact

Med

Short-term bullish momentum with potential for a breakout towards $88,500, driven by immediate buyer pressure. however, longer-term consolidation is anticipated.

Trustworthiness

Med

Analysis is based on technical indicators and price action from a reputable crypto news outlet, but future predictions inherently carry risk and disclaimers are present.

Price Direction

Bullish

Hourly charts show btc closer to resistance, suggesting a potential breakout if buyer pressure continues. the target for this short-term move is the $88,500 zone. midterm outlook indicates neutrality and sideways trading due to low volume.

Time Effect

Short

The immediate bullish breakout scenario is expected to play out in the very short term (until tomorrow). subsequently, the market is expected to enter a period of sideways trading for the upcoming week and early 2026.

Original Article:

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 Bulls are dominating over bears on the last day of the week, according to CoinStats . Advertisement BTC chart by CoinStats BTC/USD The rate of Bitcoin (BTC) has risen by 0.5% over the last 24 hours. Image by TradingView On the hourly chart, the price of BTC is more bullish than bearish as it is closer to the resistance than to the support. You Might Also Like Sat, 12/27/2025 - 19:24 Bitcoin (BTC) Price Analysis for December 27 By Denys Serhiichuk If buyers' pressure continues, there is a chance to see a level breakout, followed by a test of the $88,500 zone. Such a scenario is relevant until tomorrow. Image by TradingView On the bigger time frame, neither side has seized the initiative as the rate of the main crypto is far from the key levels. The volume is low, which means sideways trading around the current prices is the more likely scenario for the upcoming week. Image by TradingView From the midterm point of view, the situation is similar. As neither bulls nor bears are dominating, traders are unlikely to see sharp moves in the first days of 2026. Bitcoin is trading at $87,924 at press time. #Bitcoin Price Prediction