Market Analysis of Bitcoin on Wednesday 17 December 2025

2025-12-17 02:04Source:BtcDana

Bitcoin / Dollar intraday: as long as 86680 is support look for 90130
 
Our pivot point stands at 86680.
 
Our preference:
As long as 86680 is support look for 90130.
 
Alternative scenario:
The downside breakout of 86680 would call for 85380 and 84610.
 
Comment:
The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 87473 and 86778).

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