Bitcoin is edging closer to a potential breakout, with bulls focusing on reclaiming the crucial $93,000 resistance level. While buyers are still struggling to push above this zone, repeated retests are gradually weakening the resistance. Price action continues to coil within a wedge pattern, signaling building pressure. A confirmed upside break could restore bullish momentum and open the door for a strong rally in the days ahead.

Bitcoin dipped during the Asian trading session as year-end liquidity continues to thin. However, the bigger picture remains constructive. BTC has returned to test its multi-year trendline, a level that has supported every major higher low since 2023. As long as this trendline holds, the move appears to be a healthy reset in momentum rather than a trend breakdown. Traders are now watching this key support closely.