REDATOR Ben Graham Posted December 19, 2025 REDATOR Report Share Posted December 19, 2025 Bitcoin is trading around $87,891 after a sharp drop to $84,323 yesterday during the US session. We are now seeing a recovery and consolidation above the 2/8 Murray and above the 21 SMA, indicating a possible breakout from the downtrend channel.According to the H4 chart, we can see that Bitcoin has formed a double bottom pattern, which could indicate that Bitcoin could rebound to $93,750 in the future and even return to the psychological level of $100,000.Meanwhile, we can see that the instrument is within the downtrend channel formed since December 8. So, if it reaches $88,700 and tries unsuccessfully to break this zone, it could be seen as an opportunity to open short positions.On the contrary, if Bitcoin breaks decisively and consolidates above $89,250, it could be seen as a positive sign, and it could reach the 200 EMA around $91,550 in the short term or even reach 3/8 Murray around $93,750.Given that Bitcoin has recovered rapidly in recent hours, a technical correction is likely. If the price returns below $87,500, it could be seen as a negative signal, and Bitcoin could once again reach the bottom of the downtrend channel around $82,500 and could even reach the 1/8 Murray around $81,250.The material has been provided by InstaForex Company - www.instaforex.com Visitante_5067b176 1 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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