Bitcoin price hovered at $87,755 on December 28, 2025, as the year came to an end. The cryptocurrency remains nearly 10% lower year-to-date despite major events like spot ETF approvals and growing institutional demand.
Bitcoin price hit an all-time high of $126,198 on October 6 and has since fallen more than 30%. The critical point that analysts pay attention to is $90,000 mark before the year 2025
The general crypto market increased by 0.54% over the last 24 hours. Ether price holds steady at $2,900, and the altcoins that had slight gains included Solana, XRP, TRON, and Dogecoin.
Analyst Flags Key Levels as Bitcoin Price Hovers Over Critical Support
A crypto analyst has observed that the price of Bitcoin is being traded at the outer edge of a huge support area. He underlined in his last update that there are only two situations under which a decisive move will be made.
First, Bitcoin needs to recover the price position of $90,000, which would be an indication of the bullish trend. On the other hand, the asset might re-enter the lower support levels of between $84,000 and $85,000.
$BTC is trading right above the support zone.
I’m still waiting for a clear direction which will only happen when:
Either Bitcoin reclaims the $90,000 zone.
Or retest the $84,000-$85,000 support level. pic.twitter.com/K52hW68TBp
— Ted (@TedPillows) December 27, 2025
Analysts believe that these levels will define the next distinct trend of the Bitcoin price. The price levels are also well monitored, and near-term market sentiment has been influenced by support and resistance.
Crypto Market Event to Watch This Week
Other crypto coins are moving sideways, whereas the BTC price experiences more volatility as major macro events are being experienced this week.
📅 KEY ECONOMIC EVENTS TO WATCH NEXT WEEK
Tuesday: FOMC Meeting Minutes (Powell’s tone in focus)
Wednesday: Initial Jobless Claims
Thursday: U.S. Market Closed (New Year)
Friday: Fed Balance Sheet UpdateKey Takeaways:
– Dovish or easing signals in the minutes = bullish… pic.twitter.com/SujrhNX03t— CryptosRus (@CryptosR_Us) December 28, 2025
The market momentum may be triggered by the FOMC minutes on Tuesday, particularly when the policymakers are dovish. The report of jobless claims on Wednesday might affect the future expectations of rate cuts.
Thursday, the markets are closed on the New Year holiday. Friday will see the update of the Fed balance sheet, and additional liquidity would lead to a bullish risk stance.
What’s Next For BTC Price?
The BTC price hovered at $87,887 on December 28, reflecting a 0.24% intraday increase amid sideways trading conditions.
The 4-hour chart at hand indicates that Bitcoin price is trading in the range of $86,000 – $88,000 as buyers are trying to move the up to the $88,000 area.
The 4-hour MACD indicator has a bullish crossover at present. Histogram bars have become positive, and the MACD line has passed over the signal line. The MACD is 32.77 with an increasing upward trend.
The Relative Strength Index (RSI) also carries a mildly bullish movement. The RSI stands at 52, and it remains out of the 50-neutral zone. This indicates a moderate buying pressure without getting to the overbought area.
If BTC price breaks and holds above $88,000, the next short-term target is $90,000 as the future Bitcoin outlook remains bullish. A further breakout could lift prices toward $91,800, as the year comes to an end.
On the downside, a fall below $86,000 may drive Bitcoin price toward $85,000, which has acted as a key support zone this month.