Bitcoin Balances on Support as $90K Decides Fate
Bitcoin Balances on Support as $90K Decides Fate
In Brief
- • Bitcoin is sitting on daily support just below $90,000.
- • A break above $90K favors upside, while failure risks a pullback.
- • The market is nearing a decisive move.
Bitcoin (BTC) is sitting at a technically critical juncture after reclaiming daily trendline support, even as broader price action remains choppy.
Specifically, BTC is currently resting directly on a rising daily support line, a level that has historically acted as a pivot for directional moves rather than prolonged consolidation, according to an analysis shared by popular cryptocurrency trading expert Trader Tardigrade on December 15.
That support has held for now, but follow-through remains uncertain as Bitcoin trades beneath a well-defined resistance zone just below $90,000. Price action suggests the market is compressing, setting the stage for a decisive move rather than continued sideways drift.
$90K Resistance Could Decide Bitcoin’s Next Major Move
At the same time, fellow crypto analyst Michaël van de Poppe highlighted that Bitcoin recently swept local lows over the weekend, rebounded quickly, and filled the nearby CME gap in a sequence that often resets short-term momentum. After that rebound, BTC returned to range-bound trading, signaling indecision rather than strength or weakness.
Currently, BTC is changing hands at $89,633.53, recording a 0.51% gain in the last 24 hours, having dropped 2.49% across the past seven days, and accumulating a loss of 6.28% over the month, according to the most recent charts.

The focus is now firmly on the $90,000 resistance zone. If buyers manage to reclaim that level with conviction, the structure opens the door to a fast expansion toward the $92,000 – $94,000 range. A clean push through that area would significantly increase the probability of a broader breakout attempt toward $100,000.
However, failure to break $90K would likely shift momentum back in favor of sellers. In that scenario, the loss of daily trendline support could expose Bitcoin to a deeper pullback, with downside acceleration becoming a real risk rather than a hypothetical one.
With daily support and major resistance converging, both analysts agree that the coming sessions carry outsized importance. Bitcoin is no longer drifting, but is approaching a decision point.
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