Bitcoin Price Prediction: Can BTC Reclaim $90K After an $88K Bounce and $86M in Whale Profit-Taking?
The post Bitcoin Price Prediction: Can BTC Reclaim $90K After an $88K Bounce and $86M in Whale Profit-Taking? appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) is trading at a critical inflection point after bouncing from the $88,000 support zone, with traders closely watching whether Bitcoin can reclaim the $90,000 level to revive short-term bullish momentum. Both technical and on-chain data highlight a mixed outlook—whale profit-taking, liquidity clusters around $90K, and cooling momentum indicators now define Bitcoin’s current setup. This combination creates a highly reactive environment where both bullish continuation and another pullback remain equally plausible in the days ahead. Bitcoin Price Today Bitcoin (BTC) is trading at $89,855, up 0.92% over the last 24 hours, with $35.65 billion in trading volume. This modest recovery follows a clean retest of the $88,000 support zone—an area that has consistently acted as a liquidity base since early Q2. Bitcoin (BTC) bounced off $88,000 but must reclaim $90,000 to sustain upside, or it could drop back toward $87,000–$88,000. Source: @TedPillows via X After reviewing short-term order flow and the 1-hour structure, BTC shows repeated absorption of sell pressure around 88,200, suggesting sellers are losing momentum at this level. However, the $90,000 region continues to reject multiple intraday attempts, signaling strong resting sell orders and a lack of aggressive buyer follow-through. Crypto trader Ted (@TedPillows) remarked that BTC “retested the $88,000 level and then had a bounce-back,” noting that reclaiming $90K is critical for any sustained upside. A failure to clear this zone commonly sends the price back toward $87,000–$88,000, which aligns with the highest-density liquidity cluster on the current liquidation heatmap. On the daily chart, Binance price action confirms a clear supply wall near $90K. A decisive breakout could unlock short-term upside toward $95,000, but without increasing spot demand or ETF inflows, consolidation remains the more probable short-term scenario. Whales Realize $86M in Profits On-chain data from CryptoQuant shows a sharp spike in realized profits on December…
Filed under: News - @ December 6, 2025 8:25 pm