Bitcoin dips under 90,000$ as traders stay cautious before major events (BTC ↓?)

Hey folks, So, Bitcoin's been hanging below 90,000$ on Sunday, with low liquidity, weak altcoins, and the upcoming U.S. and global data releases making traders a bit more cautious. Basically, BTC slipped under 90,000$ during this low-volume Sunday trading. ETH held up relatively well, but most major altcoins are lagging behind. Traders seem to be preparing for a busy week with lots of U.S. data and central bank happenings. BTC is hovering around 89,600$, with investors not really willing to take risks as we head into a packed week of economic data and central bank events. It was down about 0.9% in the last 24 hours, barely up for the week, but still down around 7.6% for the month. ETH was trading at about 3,104$, down for the day but up over 2% in the last week, managing to outperform BTC on a weekly scale. Meanwhile, SOL, XRP, DOGE, and ADA all took a hit and are showing double-digit losses over the month, highlighting ongoing weakness in major altcoins. The CoinDesk20 Index also dropped nearly 1%. Some analysts are warning that BTC's consolidation might slide lower if it breaks through key support levels. Crypto analyst Ali Martinez mentioned on X earlier that 86,000$ is a key level for BTC to maintain, pointing out that if it falls below that support, we could see a bigger pullback (check it out here). Traders sensitive to macro trends are also keeping an eye on Japan, where the Bank of Japan is expected to raise interest rates at their policy meeting this Thursday. For now, it looks like crypto markets are just stuck in a range.

By the 4-years cycle, the current Bitcoin bull run is over. Imho Bitcoin deserved a much higher ATH, it didn't happen and I blame the price games around the big players. Since some argue that because of the institutional investors there will be no crypto winter any longer, we may go into the uncharted territory. On the other hand, there are voices telling that after this rather heavy drop we had since October, an up trend is bound to happen. And since the liquidity is low and the holidays are so near, any bump looks big, so, even if it goes over 100k, that may not last long. I am - by far - uncertain on what's the next direction and imho it's a riskier-than-usual period for trading.

I dont think its normal to see a bull run just drift, thats not within my expectations.  This appears to be a lull, a pullback and of course weakness in the price.   Calling it bull or bear is a bigger call and definitely over 4 years is larger then just this recent negative trend.   The year is flat, disappointing but its an overreaction to assume negative action is now the bias longer term. In the foreground, this close into the end of the weekly bar does matter however BTC closes out of the working week, its maybe the only major price which ends into a close just as Japan is about to open again.    I think BTC is alot more tricky then any other asset for this reason and many other reasons, we have to check our aim twice before calling it for certain.  The biggest volume this week was mid week not here in this slow sunday.  Theres weakness and a negative trend no disagreement on that but I'm seeing a dull market mostly.

I agree with you that the market is dull compared to our expectations. Sunday isn't a working day which might be one of the reasons why the price fell below $90k, and precise the holiday is at hand. I don't think that we'll see the price pump above $100k again because it's difficult for bitcoin to retrace $95k. Let's see the direction of the market this week.

Bitcoin is at 80,600$ price few weeks ago since it’s drop below 100K. It recovers back above 90K and now it dip below again. Nothing new on this price cycle whenever there’s an indecision in the market price will just keep pumping and dumping in a short term until there’s a clear trend. Everyone is just waiting on what will be the clear trend on the market. It’s a perfect opportunity to accumulate slowly when everyone is in fear because the market will always give you a chance to purchase low even if Bitcoin show a slow recovery.

Last time interest cut announced market was dumping. People already predicted the upcoming US data and market already priced in so it's unlikely that the crypto market is just waiting for a clearer signal. The market ranging part is true though because everybody is confused about whether we gonna bounce and make a good recovery or it's just a bulltrap. Until breakout happened whether on support or resistance, the price will stuck around the range of $84k to $94k.

In an hour time frame, there is a sign to go down but I am not sure because the price seems to want to hodl the pressure by placing the wall. But the pressure is not weakening and is going strong so this pushes the price down for a bit. But in a daily time frame, the sign shows an increase although not a high one. But the push to go down is still there and the price can't rise. The price itself still stands at $89k level. If that is broken, the price will go lower and I hope that will not make people panic. In a 5 minute time frame, the sign shows the down moves. But nothing to worry and stay calm.

The current market situation is still quite risky for traders. It’s not surprising that traders might be waiting for a better market moment. We really find it difficult to predict the market direction at the moment. We may have already finished the bullish phase in this period. And some are certainly preparing for an inevitable bearish moment. I see that some even give predictions regarding a drop in Bitcoin's price that could go below $70,000. But let's just wait and see what happens.

Like everyone, I don't know if the bull market is over and we are already in a bear market. But I can tell you, the bear market is inevitable, sooner or later it will come and we should prepare for it. Additionally, once a bear market appears, a $70k drop in bitcoin is almost certain. Things could get even worse if the historical cycle repeats or the economic situation worsens. That could also cause bitcoin to be severely dumped and the price could drop to $50k, not just $70k.

Liquidity for BTC is starting to dry up. Analysts are pointing out that the Inter-Exchange Flow Pulse (IFP) is flashing warning signs, showing weakening liquidity between exchanges. More specifically, the Bitcoin IFP has turned red - this is a CryptoQuant metric that tracks flows between spot and derivatives exchanges. Historically, when this indicator goes red, it often comes before market corrections or even bearish phases.  https://x.com/coinbureau/status/2000287173472629153?s=46&t=V07IM8b232m93jXsNncAog  On top of that, Bitcoin reserves on exchanges have dropped to very low levels - around 2.76 million BTC as of early December 2025.  In this kind of environment, even relatively small trades can push price around hard - which is exactly what we’re seeing right now. Sure, low exchange reserves are generally bullish long term (institutions accumulating, coins moving off exchanges, all that good stuff). But in the short term, a liquidity squeeze means choppy price action and a higher chance of getting positions wiped out - both longs and shorts.

I was doubting this before, but now I think it's the right time to agree with others that we are already done with the bull market for the year. What we are facing now is a preparation for a bear; it's just coming slowly, but once the market gets below the predicted $70k, everything will become clearer.

Addition to this I think a lot of other things came into play in between that also affected the deserving ATH for bitcoin in this bull run. The economic trade wars between China and the US was one of many, with all that tariff percent increments on both countries who happens to have the biggest economies in the world. Then the geopolitical wars causing tension across the globe made an impact too to bitcoin performance. And on the sidelines gold was having a great time of the year with a new ATH which actually affected investors sentiment leading to movement of funds from crypto market to gold.

What stands out to me is the continued weakness in altcoins. That usually signals fading risk appetite even when BTC itself hasn’t broken down yet. ETH showing relative strength is interesting but I will want to see higher volumes before reading too much meaning into it. $86k looks like the key level that decides whether this remains range-bound or turns lower. When conviction is low, capital hides in BTC and ETH first. That pattern I think still seems intact in the crypto space today

Bitcoin reaching $100K in this bull season looks like it is not going to happen again, the market is not respecting what we expected of it, so we may likely be drifting into the bear cycle. I think the market is just consolidating and we may continue to see it fall further in the nearest future. If the market is able to hold up above $90K at the end of this December, then we may at least hope for some bullish momentum, but if it doesn’t, then I think we should just give up and accept that the bear market has arrived.

Current market conditions appear sluggish, reflecting that traders or investors are less optimistic. Most market participants will likely be very cautious before making a decision, but in the short term this is an opportunity to make quick profits. Prices have fluctuated sharply in the last few hours until now, but there is an opportunity to make profits amidst the high risk of loss. Honestly, I don't know why some people think that the crypto market's direction is solely based on a few US decisions, when in fact, there are various other factors that can move and cause prices to fall. As I write, the price is testing the $85k support which looks very weak to stem selling pressure.

If $80k will hold I'm positive the market is priced in already and I'm more bullish that we will see $100k again maybe even this year or by early next year. Not that fretting over the short term as it's only for those traders, I'm here chilling spot buys and if have some to ape in, I'll DCA.

Whatever price of Bitcoin doing now I believe that it has happened some years back and I believe people is aware is of it, the price of Bitcoin can change at any point in time and we don't need to question it that much because it was programmed to fluctuate and not to be constant From what I'm observing from the market, it seems that the price will drop by 4% by tomorrow or next tomorrow, and if the price did not hits seventy thousand to sixth thousand  [70k-60k] in 2026 the market will not be out from constant bearish

Up long term. Down short term. Sentiment has been bad as we all know, and to add to that, it's the holidays, that's a big sell pressure imo. Lot's of people would wanna cash out for Christmas, and I don't think it's over yet so I'm still expecting a downtrend unless we get a really bullish news. Seen some folks being optimistic on 2026, though maybe it's just the new year effect that we tend to be optimistic.