Bitcoin Price Analysis: Analysts Debate $80K or $100K Next Move Amid Market Consolidation

Source: CoinEdition Original Title: What’s Next for Bitcoin Amid Failed Santa Rally? Analysts Opinions Original Link: https://coinedition.com/whats-next-for-bitcoin-amid-failed-santa-rally-analysts-opinions/

Market Consolidation

Bitcoin (BTC) price is currently trapped in a multi-week consolidation between $85k and $90k following a failed ‘Santa Claus rally’. The flagship coin has experienced a significant supply wall around $90,300 while establishing a robust demand zone around $85.3k. This tight range has led to forced liquidations of both longs and shorts, with no clear direction identified in December 2025.

Analyst Perspectives on Next Move

According to crypto analyst Michaël van de Poppe, BTC price has experienced strong selling pressure every time it retested $88k during recent weeks. Despite the decline in intense selling pressure from November, BTC has not attracted notable buyers to break through $90k towards $100k.

Poppe highlighted that BTC price will likely retest the support level around $80.5k to form a potential double bottom, positioning Bitcoin for a bullish 2026 after a choppy 2025.

Crypto analyst Lennaert Snyder presented a similar thesis, noting that BTC price has strongly held its support level around $86.9k. Snyder stated that the best entry for Bitcoin longs is around $85k or below, with BTC likely to retest $85k in the coming days if the $87k support fails. However, if BTC experiences a violent rally above $90k, its midterm capitulation thesis would be invalidated.

Macro Liquidity Impact

Snyder emphasized that Bitcoin price is largely impacted by macro liquidity cycles, with understanding liquidity being a major key to profitable trading. Recent choppy trading has been driven by high liquidity flows to the precious metals industry due to extreme demand for gold and other precious metals.

The weakening U.S. dollar amid an ongoing increase in global money supply is a major trigger for liquidity flowing to Bitcoin to protect investor value. With ongoing crypto legalization in the United States and other global economies, Bitcoin is well-positioned to rebound towards new all-time highs.

Onchain data shows whales have stopped profit taking while retail traders have been accumulating in recent days, suggesting positive sentiment for the medium-term outlook.