Bitcoin’s chillin’ below $100K, battling resistance. Market vibes are sideways, but big moves could drop post-New Year hype.
The crypto market’s on snooze mode this Christmas, and Bitcoin’s feeling the chill too. After peaking at a wild $108,364 on December 17, BTC’s been stuck in a loop, hovering around $96,800, according to TradingView. That $100K milestone? Yeah, it’s playing hard to get, now flipping from a comfy support to a stubborn resistance. Twice in the past week, Bitcoin tried to climb back up but got swatted down.
So, what’s the vibe? If Bitcoin can break past $100K this weekend, it might spark another moon mission toward a fresh all-time high. Otherwise, it’s a waiting game.
Looking ahead, the crypto fam’s all eyes on next year. Hopes are high for Bitcoin to pop off once it enters the price discovery zone. Plus, there’s a wildcard in the mix: President-elect Donald Trump’s inauguration on January 20. Word is, his first couple of weeks in office could bring major volatility across markets, and you know crypto loves drama.
TL;DR: Bitcoin’s stuck in holiday mode but could heat up soon. Whether it soars or sinks, 2025’s shaping up to be spicy. Strap in, hodlers.
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