Bitcoin, that modern-day alchemist, struggles to find its footing this festive season, its price a mere shadow of the $90,000 mark, while the world revels in merriment. Amidst the bearish whispers, hope flickers like a candle in a storm. 🧛♂️💸
As of now, Bitcoin hovers near $86,935, a slight descent after failing to hold its recent gains. The holidays, with their sparse trading volumes, ETF exoduses, and a mountain of options expiring, have turned the crypto arena into a battleground of despair. 🧊📉
How Bitcoin Performed at Christmas in Recent Years
Bitcoin’s Christmas performances have been as erratic as a drunkard’s dance: 2023 at $43,665, 2024 at a fleeting $94,120. Last year’s rally was a mirage, and this year, Bitcoin’s price is a ghost haunting the $90,000 threshold. 🎁💔
- 2023: $43,665
- 2024: $94,120
Last year’s Christmas surge to $94,000 was a fleeting dream, now a benchmark that Bitcoin cannot reach. The question lingers: can the crypto king rise again, or is this the end of its festive journey? 🎅💸
Why Bitcoin Is Stuck Below $90,000
Bitcoin has been trapped in a tight range between $85,000 and $90,000, a prison of its own making. Analysts blame the holidays’ low liquidity, which has rendered the market as stagnant as a forgotten tomb. 🧩📉
ETF outflows and options expiries have added to the chaos, yet technical signals remain a jumbled mess. A bearish divergence looms, a warning that the downward spiral may yet continue. 🧟♂️📉
Historical #Bitcoin prices on Christmas Eve
2013 – $666
2014 – $323
2015 – $455
2016 – $899
2017 – $13,926
2018 – $4,079
2019 – $7,323
2020 – $23,736
2021 – $50,822
2022 – $16,822
2023 – $43,665
2024 – $94,120
2025 – $87,340– Bitcoin Magazine (@BitcoinMagazine) December 24, 2025
The weekly chart paints a bleak picture: a broader correction, a bearish divergence, and a market teetering on the edge of collapse. Yet, on shorter timeframes, a glimmer of hope emerges-a small bullish divergence, though it likely promises only a brief bounce. 🌟📉
Bitcoin’s dance between support and resistance is as predictable as a clockwork toy. The $85,000 to $86,000 level is a lifeline, while $92,000 to $94,000 is a distant dream. The $90,000 barrier, once a beacon, now mocks the traders with its unyielding strength. 🧱📉
- Support: $85,000 to $86,000
- Resistance: $92,000 to $94,000
Bitcoin, oversold and weary, may attempt a short-term rebound toward $90,000, but the specter of a $82,000 plunge looms if sentiment turns. A Christmas miracle? Or just another chapter in the eternal struggle of the market. 🧛♂️📉
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2025-12-24 16:19