The post Bitcoin (BTC) Price Prediction: Tightening Range Signals Imminent Breakout as Downtrend Hits Ascending Support appeared on BitcoinEthereumNews.com.

As Bitcoin continues to fall or chop sideways it is still respecting a major ascending trendline in play since October 2023. At the same time, the downtrend is still intact and is forcing the $BTC price lower. As these trendlines converge will Bitcoin break up or down? $BTC price squeezing into a tightening space Source: TradingView The 4-hour picture above tells the story that the $BTC price is managing to stay within the confines of a bear flag, and that the bottom of the bear flag is sitting slightly below the major ascending trendline – two trendlines helping to keep the price up.  However, the price is approaching the downtrend line that has been respected since the $126,000 all-time high. Add to this a decent horizontal resistance at $88,000, and you have an ever decreasing space into which the price is being squeezed. If the price continues to the apex of the two trendlines this will take a maximum of five more days, after which the price will either break the downtrend, or fall under the major ascending trendline. 200-day SMA inclining downwards  Source: TradingView The daily time frame reveals that the 100-day SMA has also dropped below the 200-day SMA. This follows the 50-day SMA doing the same thing previously, whereby it formed the ‘death cross’.  One thing that really does have to be noted though is that the 200-day SMA is now starting to show a more pronounced inclination towards the downside. This is the first time this has happened during this bull market, apart from a slight downward inclination during the 8-month bull flag. This can be taken as just one more sign that the coming battle of the trendlines could be crucial to the continuance of the bull market. A drop to the previous bull market…

---

Filed under: News - @ December 19, 2025 12:25 pm