REDATOR Ben Graham Posted December 24, 2025 REDATOR Report Share Posted December 24, 2025 Bitcoin is trading around $87,237 below the 2/8 Murray support and testing the support of the downtrend channel formed since early December, which was broken.After a sharp breakout from this trend channel, Bitcoin managed to rebound to $90,000, but lost momentum and found it difficult to break above the 200 EMA. Therefore, below this level, we are seeing a technical correction.If Bitcoin falls below $86,000 and consolidates below this zone, it could be seen as a clear signal to sell with a short-term target at the 1/8 Murray around $81,250.On the contrary, if the price consolidates above the 21 SMA located at $88,383, we could expect it to continue rising until BTC reaches the 200 EMA located at $90,997. The price could even exceed this level and reach the 4/8 Murray around the psychological level of $100,000.The outlook for Bitcoin is positive as the Eagle indicator is showing a bullish signal, so BTC/USD could recover above $87,500 – 86,500.The material has been provided by InstaForex Company - www.instaforex.com 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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