Bitcoin (BTC) Price Analysis for December 30
Analysis
Price Impact
LowThe article suggests a minor price increase of almost 1% but emphasizes a likely scenario of sideways trading and consolidation due to falling volume, indicating a lack of strong market momentum.
Trustworthiness
MedThe analysis comes from a known crypto news outlet (u.today) but is explicitly stated as the writer's opinion with a strong disclaimer for readers to conduct their own research.
Price Direction
NeutralWhile there was a slight rise and an attempted breakout on the hourly chart, the midterm and longer-term views indicate a lack of strong buyer/seller energy, leading to an expectation of continued consolidation within a range of $86,000-$92,000.
Time Effect
ShortThe analysis focuses on price movements 'until the end of the week' and 'continued consolidation,' suggesting a short-term outlook.
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 The end of the year is under bulls' control, according to CoinStats . Advertisement Top coins by CoinStats BTC/USD The price of Bitcoin (BTC) has risen by almost 1% over the past day. Image by TradingView On the hourly chart, the rate of BTC has made a false breakout of the local resistance at $88,889. However, if buyers can seize the initiative and keep the price near that mark, growth may continue to the $90,000 zone. Image by TradingView From the midterm point of view, the picture is less bullish. The rate of the chief crypto is far from the support and resistance levels, which means the sideways trading around the current prices is the most likely scenario until the end of the week. Image by TradingView From the midterm point of view, the situation is similar. The volume keeps falling, confirming the absence of buyers and sellers' energy. You Might Also Like Mon, 12/29/2025 - 16:00 Bitcoin (BTC) Price Analysis for December 29 By Denys Serhiichuk All in all, traders may expect continued consolidation in the narrow range of $86,00-$92,000. Bitcoin is trading at $88,574 at press time. #Bitcoin Price Prediction