𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗣𝗿𝗶𝗰𝗲 𝗣𝗿𝗲𝗱𝗶𝗰𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟱

Analysts are watching the $86,000 level carefully because it sits at the top of Bitcoin’s recent support zone. If Bitcoin cannot move back above this level and hold, it suggests the drop was real and that the price may continue to move lower in the short term.

Below $86,000 is the next important area between $83,000 and $85,000. This zone contains a large group of stop-loss orders from traders who are still holding long positions.

Right now, the market has low liquidity, so if Bitcoin does not recover above $86,000 soon, the price may gradually move down toward the $83,000–$85,000 area. Any small bounce from current levels may just be a brief pause before the market tests that lower zone.

The positive sign for bulls is that clearing this liquidation zone could trigger a major reset in the market. Funding rates may drop to zero or even turn negative, which often helps price bounce back. If that happens, Bitcoin could quickly move toward the short-term liquidity targets around $91,500–$93,000.

In the short term, Bitcoin will likely move down to test the support area between $83,000 and $85,000. The $86,000 level is still the key level to watch. If BTC price can stay above it, the price could rebound toward $91,000–$93,000. If it cannot hold this level, the price may drop into the lower zone before any real recovery happens.

Even with the recent volatility, the broader market setup still supports the possibility of Bitcoin moving toward $100,000 once this period of consolidation and cleanup is over.

For December, the important levels to follow are $86,000 and the $83,000–$85,000 zone, as these will decide Bitcoin’s short-term direction and help shape the next major rally.

$BTC