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Bitcoin’s Correction Isn’t Done Yet – Brace Yourself

Bitcoin’s Correction Isn’t Done Yet - Brace Yourself

Bitcoin’s Correction Isn’t Done Yet – Brace Yourself

In Brief

  • • Bitcoin is still stuck below $90K with weak buyer momentum.
  • • Analysts say a sweep of recent lows is needed to reset the correction.
  • • Until $90K breaks, downside risk remains elevated.

Bitcoin (BTC)’s latest price action looks deceptively calm, but analysts say the next decisive move hinges on one simple signal: a flush of the current lows. Without it, the correction risks dragging deeper, and traders are losing patience as BTC ranges between $80K and $90K.

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Structurally, not much has shifted. Bitcoin is still struggling beneath a heavy resistance band near $90,000, and the market has yet to prove that buyers are willing to step in decisively, judging by the analysis by popular cryptocurrency trading specialist Michaël van de Poppe shared on December 2.

The uncomfortable part is the consolidation zone itself, which is a wide, choppy band that offers few clean setups and even fewer high-conviction entries.

Why a Sweep of the Lows Matters Now

A sweep of the recent lows would indicate exhaustion of selling pressure, clearing out weak hands and giving stronger buyers a clear spot to re-enter. Without that, the market remains vulnerable. Bitcoin hovering in mid-range territory is exactly the sort of price action that makes traders uneasy, as it’s too high for comfort, but too low for confidence.

At the moment, BTC is changing hands at the price of $87,380.61, recording an increase of 1.84% on the day, a drop of 0.25% across the week, and an accumulated decline of 20.84% on its monthly chart, according to the most recent data.

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Bitcoin price 7-day chart.
Bitcoin price 7-day chart. Source: CoinMarketCap

Breaking above $90,000 remains the simple but crucial trigger. A reclaim there would flip market structure and open the door to a retest of higher levels, potentially even a run back toward $100,000. Until then, every rejection from the resistance zone reinforces the risk that momentum continues bleeding downward.

If buyers fail to appear during another dip, the market could begin pricing in lower valuations, potentially dragging Bitcoin beneath the established support cluster. The next few days will reveal whether traders get the flush they’re waiting for or whether BTC continues drifting into increasingly bearish territory.

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