Bitcoin is trading near $88,750, holding steady after last week’s pullback as the market pauses just below a critical technical pivot. While short-term charts reflect hesitation following a bearish flag breakdown earlier in December, broader fundamentals continue to frame Bitcoin as a market in consolidation rather than decline. Macro Signals Keep BTC Supported From a macro perspective, Bitcoin remains underpinned by easing inflation expectations and a shifting US rate outlook. Recent US CPI data showed continued disinflation, reinforcing market bets that the Federal Reserve could move closer to rate cuts in 2026. Lower real yields tend to reduce the opportunity cost of holding Bitcoin, supporting demand during periods of consolidation. Institutional positioning also remains constructive. Spot Bitcoin ETFs continue to anchor long-term inflows, even as short-term traders rotate out during volatility. At the same time, regulatory clarity is slowly improving across major jurisdictions, helping Bitcoin retain its role as a core digital asset rather than a speculative outlier. Market Structure Shows Absorption, Not Panic Despite the recent dip, selling pressure has remained contained. Bitcoin’s failure to break decisively below the $84,500–$85,000 zone suggests that longer-term buyers are stepping in on weakness. Bitcoin Price Chart – Source: Tradingview Repeated lower-wick candles near this area point to absorption rather than forced liquidation, a pattern often seen during corrective pauses inside broader uptrends. Bitcoin Technical Picture: Compression Near Resistance On the 4-hour chart, Bitcoin price prediction remains inside a broad ascending channel that has guided price since late October. The drop below the 50-EMA near $88,200 and 100-EMA around $89,050 confirms short-term pressure, but momentum indicators are stabilising. RSI has recovered toward 57, holding above oversold levels and hinting at fading downside momentum. Price is now compressing below the $88,200–$89,200 pivot zone, an area that combines prior support and channel midline resistance. This compression suggests the market is preparing for a directional move rather than drifting lower. Bitcoin Price Prediction and Outlook If Bitcoin reclaims and holds above $89,200, TradingView path projections point to a recovery toward $92,000, followed by a retest of $94,200, the previous range high. Failure to reclaim resistance keeps downside risk open toward $84,500, with deeper support near $80,600. As volatility tightens and confidence gradually rebuilds, Bitcoin’s current pause looks less like exhaustion and more like preparation for its next decisive move. PEPENODE: A Mine-to-Earn Meme Coin Nearing Presale Close PEPENODE is gaining momentum as a next-generation meme coin that blends viral culture with interactive gameplay. With over $2.37 mn raised and the presale approaching its cap, interest is building fast as the countdown enters its final stretch. What makes PEPENODE stand out is its mine-to-earn virtual ecosystem. Instead of passive holding, users can build digital server rooms using Miner Nodes and facilities, earning simulated rewards through a visual dashboard. The concept brings gamification and competition into the meme coin space, giving holders something to do before launch. The project also offers presale staking, allowing early participants to earn boosted rewards ahead of the token generation event. Leaderboards and bonus incentives are planned post-launch to keep engagement high. With 1 $PEPENODE priced at $0.0012016 and limited allocation remaining, the presale is entering its final opportunity window for early buyers. Click Here to Participate in the Presale The post Bitcoin Price Prediction: Why $88,000 Could Be the Calm Before a $94,000 Push appeared first on Cryptonews .
