Bitcoin Price News: BTC Should End The Year Slightly Above $80K

Author: Alejandro Arrieche

Published: Dec 22, 2025

Key Points

• Bitcoin (BTC) is currently trading in a range ahead of Christmas, struggling to maintain levels above $90,000.
• Historical data shows that BTC has rebounded strongly after the Relative Strength Index (RSI) has hit oversold conditions.
• Market analysts predict a potential target of $82,500 in the near term, which could provide the necessary liquidity for a subsequent upward movement.

Current Market Overview

As of the latest updates, Bitcoin is retesting the $90,000 mark, but the anticipated "Santa Rally" has not significantly boosted its price. The cryptocurrency is facing bearish sentiment, making it challenging to stay above this psychological level.

Recent trading activity saw BTC rise from $88,000 to $90,600, albeit with low trading volumes. This subdued price action has led to a decrease in crypto liquidations, which have fallen to approximately $220 million over the past 24 hours.

Technical Analysis

Despite the current bearish sentiment, there are signs of increasing trader interest, as indicated by rising open interest figures. Open interest has increased from 632,000 BTC in early December to 664,000 BTC recently, suggesting a phase of accumulation.

Technical indicators, particularly the RSI, suggest that BTC may have reached a local bottom and could be poised for recovery towards $100,000. Historically, BTC has shown strong performance shortly after the RSI hits the oversold level of 30, with analysts from the London Stock Exchange Group projecting a potential rise to $180,000 in the coming months.

Potential Risks and Resistance Levels

However, BTC faces risks of dropping to $82,500 following a bearish breakout from a key trend line. The 4-hour chart indicates that BTC has fallen below its ascending price channel, finding temporary support around $84,000. If the price fails to break above the $91,000 resistance area, a pullback could occur, with $82,500 as a potential target if bearish momentum accelerates.

Despite these risks, the RSI is trending upwards, having crossed the mid-line, indicating that it may still be too early to predict a significant pullback. Traders may take a pause during the holiday season, which could lead to a bearish week ahead.

Conclusion

In summary, while Bitcoin is currently facing challenges in maintaining its price above $90,000, technical indicators suggest a potential for recovery in the near future. Traders should remain cautious as market dynamics evolve, particularly with upcoming economic data releases that could influence market sentiment.