Bitcoin (BTC) is trading near the $90,000 level, showing signs of consolidation after a significant decline from its 2025 highs above $110,000. According to CoinStats, the market sentiment is currently neutral, neither bullish nor bearish. The BTC price has increased by 1.48% since yesterday, reaching $91,143 at press time.
On the hourly chart, Bitcoin has broken through a local resistance level at $91,397. Analysts suggest that if buyers can maintain momentum and keep the price above this level, the next target could be the $92,000 zone. However, the mid-term outlook appears less optimistic. For a more sustained bullish recovery, Bitcoin needs to reclaim the resistance at $94,652. Success in this area could potentially fuel a test of the $100,000 psychological barrier.
Conversely, if the weekly candle closes far from the $94,652 resistance, there is a risk of a decline toward the $85,000 range by the end of the month. Since early December, Bitcoin has been trading sideways within a range of approximately $88,000 to $95,000, indicating reduced directional momentum and a stabilization phase.
Analyst Doctor Profit provides a level-driven framework for understanding the current market structure. The weekly chart reveals a critical long-term resistance zone between $110,000 and $120,000, where repeated rejections with long upper wicks have occurred. A dense sell zone has formed between $97,000 and $103,500, where the analyst plans to add short exposure only on an upward move. The current trading area around $90,000–$92,000 is identified as the first target zone following the decline from the highs. Below this, the $70,000–$75,000 area is marked as the next major objective.
Daily technical indicators reflect this consolidation. The Relative Strength Index (RSI) sits at 51.93, slightly above neutral, while the MACD remains positive but shows slowing momentum growth. Trading volume is muted at 7.07K BTC, lower than during the sell-offs of October and November 2025. Doctor Profit's positioning strategy involves maintaining a spot position initiated near $85,000 and keeping short positions active that were opened between $115,000 and $125,000.
