12-11-2025, 06:16 AM
Bitcoin Overview – December 10, 2025
Over the past four months, Bitcoin has distanced itself from its golden, high-momentum days and has entered a declining phase. This downward movement was largely predictable, driven by the emotional nature of the Bitcoin community and the price's overbought condition.
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During this decline, the price found support at the critical $80,000 level, halting further drops. The formation of long lower wicks in this area indicates that buyers were more active and successful at this range.
From a long-term perspective, including monthly intervals and broader future outlooks, there is still potential for further correction. This likelihood will diminish only if the price manages to sustain itself above the $109,000 resistance level.
The sentiment index today, December 10, stands at 26, indicating fear, compared to 22 yesterday, which reflected extreme fear. This data suggests that concerns about further declines persist, and many market participants remain hesitant to enter buy positions. However, with the index rising to 26, the situation is estimated to have improved slightly, and traders are avoiding panic-driven selling.
In shorter timeframes, such as daily and four-hour intervals, the price has shown upward movement in recent days, reflecting the activity of risk-taking buyers. If the bullish candles continue and, more importantly, prices consolidate above the $94,000 resistance level—currently the most significant indicator for further upward movement—the cost could potentially rise toward the key resistance zone between $98,000 and $100,000.
Conversely, if the critical support level at $88,500 is broken, optimism within the Bitcoin community would decline. The price could then fall to support levels around $84,000, and in a more severe case, down to $82,100.

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