TLDR
- Bitcoin is trading within a narrowing range across various timeframes.
- A decrease in selling volume suggests that downward momentum is weakening.
- A descending wedge pattern and a trendline indicate a potential upward breakout.
- Surpassing resistance could pave the way for Bitcoin to reach $95,000–$100,000.
Bitcoin’s price action is currently characterized by compression, with multiple technical indicators suggesting an impending directional shift. While recent charts show persistent downtrends, diminishing selling pressure and robust demand zones hint at a potential change. Experts generally concur that a significant breakout could re-establish the path towards the $95,000 to $100,000 price range.
Bitcoin Price Nears Trendline Break Amid Accumulation
According to analyst Gordon, the 4-hour Bitcoin against the USD chart on Binance illustrates a distinct downtrend from October to December 2025. The price dropped from approximately $110,000 to around $87,000, forming lower highs below a descending trendline that continues to act as resistance, limiting upward movement.
However, recent price candles exhibit longer wicks and reduced selling volume, suggesting that sellers are losing strength rather than intensifying their pressure. Furthermore, Bitcoin’s price is being contained ahead of a potential release.
Analyst Gordon also noted relatively low ETF outflows and consistent accumulation signals. These factors support the idea that downside risk is limited at current levels. A confirmed breakout above the trendline could propel Bitcoin’s price towards $95,000, with $100,000 serving as a significant psychological target.
BTC Compresses in Descending Wedge
Meanwhile, analyst Don highlighted a descending wedge pattern on the 12-hour BTC chart. This pattern is characterized by converging trendlines, with resistance sloping downwards and support holding firm near $85,000. Bitcoin is currently trading within this range, reflecting market uncertainty.
Descending wedges historically tend to resolve with an upward movement, although confirmation is still pending. The price continues to react to both boundaries, indicating ongoing consolidation rather than a continuation of the trend. The analyst described the situation as Bitcoin still ranging, with neither side currently in control.
Additionally, there are indications of accumulation during these consolidation phases. Similar patterns in previous cycles have led to higher prices once trading volume increased. A breakout above the wedge’s resistance could trigger a move towards $95,000, while a failure to do so risks a liquidity sweep near $82,000.
Bitcoin Price Holds $85K Demand
Furthermore, analyst CyrilXBT focused on the daily Bitcoin chart following the November decline below $100,000. The price briefly dropped to the $85,000 demand zone before stabilizing and experiencing a modest rebound. This area has since acted as a solid base for buyers.
Despite the bounce, lower highs remain in place, and the price is being capped by a downtrend line. Trading volume has decreased during the pullback, suggesting reduced bearish momentum rather than panic selling. This phase is characterized as compression rather than weakness.
Moreover, on-chain data indicates exchange outflows, which supports the accumulation narrative. The analyst suggests that a recovery to the $95,000–$100,000 range would be necessary to confirm a bullish shift. Until then, Bitcoin’s price remains in a holding pattern, sensitive to confirmation signals.
Bitcoin continues to trade within tightening technical formations across multiple timeframes. Analysts generally agree that this compression favors a decisive move. Confirmation of direction remains the key factor for the next market phase.
