BTC Holds Near $90,000 as Market Awaits Direction After Fed Decision

• Bitcoin holds a fragile range as bearish EMAs clash with slow accumulation signs.
• Heavy resistance clusters cap upside while tightening volatility hints expansion.
• Mixed flows show rising leverage but weak spot demand, limiting strong momentum.

Bitcoin traded near $90,050 as trading conditions stayed fragile after the recent Federal Reserve decision introduced fresh uncertainty into risk markets. The coin moved within a compressed range on the 4H chart, where several failed breaks above short-term resistance created hesitation among traders. 

Moreover, the broader structure still leaned bearish because price continued trading under the descending 200-EMA. However, higher lows formed across recent sessions, suggesting slow accumulation despite cautious sentiment. The market also reacted to broader macro forces, as rate expectations shifted again and pressured appetite for speculative assets.

Key Levels Shape the Short-Term Path

Bitcoin faced firm resistance at $91,296, where repeated rejections highlighted seller strength. Additionally, supply remained heavy between $92,630 and $93,795, where an EMA cluster aligned with the upper Donchian band. A clean move through this zone would signal an improvement in short-term momentum. 

Related: Midnight (NIGHT) Price Prediction 2025–2030

Moreover, traders continued to track the $94,251 Fibonacci level because a close above it could strengthen a bullish shift. Higher targets near $98,491 and $102,730 stayed relevant only if demand returned with force.

Support remained concentrated between $89,006 and the $88,419–$89,419 band. Buyers defended this area during earlier pullbacks. 

However, a break below it could lead price toward the broader $85,000 region, where November’s low-volume node sat. Market conditions stayed tight because volatility bands narrowed, suggesting an expansion phase is building.

Futures and Spot Flows Show Mixed Tone

Open interest continued to climb throughout the year and reached $58.81 billion on 11 December. This figure showed consistent leverage growth. Peaks above $70 billion earlier in the year reflected stronger optimism. However, recent volatility trimmed positioning as traders reduced exposure while waiting for clarity.

Spot flows told a different story. Outflows dominated most sessions and showed persistent selling. Several days printed more than $300 million in net outflows. Inflows appeared smaller and less frequent, signaling weaker buyer conviction. The latest reading showed a $138 million outflow as Bitcoin hovered near $90,000.

Related: Cardano Price Prediction: Buyers Lose Trend Support as Outflows…

Macro Pressure Limits Upside Attempts

The Federal Reserve cut rates by 25 basis points but suggested a cautious path for 2026. Consequently, markets priced fewer cuts, which weighed on risk sentiment. Oracle’s weak results added pressure and pushed Bitcoin briefly below $90,000. Hence, momentum stayed muted as traders watched key resistance levels for any sign of recovery.

Technical Outlook for Bitcoin Price

Key levels remain well-defined as Bitcoin moves through December’s tightening range.

• Upside levels: $91,296 stands as the first immediate hurdle, followed by the $92,630–$93,795 supply cluster. A breakout above this band could extend toward $94,251 and $98,491.

• Downside levels: $89,006 acts as the main intraday support, followed by the $88,419–$89,419 Donchian lower-band zone. A deeper failure exposes the wider $85,000 structural shelf.

• Resistance ceiling: $94,251 (Fib 0.382) remains the decisive level that must flip for medium-term bullish momentum. Clearing it would show a clear shift in market structure.

The technical picture suggests Bitcoin is compressing inside a narrowing range beneath the 200-EMA, where tightening volatility often precedes stronger directional expansion. The pattern reflects higher lows meeting static resistance, forming a breakout setup that could resolve sharply in either direction.

Will Bitcoin Break Higher?

Bitcoin’s next move depends on whether buyers can defend $89,006 long enough to mount another test of the $92,630–$93,795 cluster. Moreover, stronger inflows and sustained open interest could fuel a drive into $94,251, where a bullish breakout may unlock targets at $98,491 and $102,730.

However, failure to hold $89,006 risks slipping back into the $88,400 region. A breakdown there would weaken the structure and reopen the path toward the broader $85,000 support base.

For now, BTC remains in a pivotal zone. Volatility compression, macro uncertainty, and mixed flows shape the short-term narrative. Traders await confirmation from either a clean resistance break or a decisive support loss before the next major move unfolds.

Related: Solana Price Prediction: SOL Maintains a Corrective Structure…