Crypto_Programmer

Bitcoin Price Today: Analysis and Forecast (December 3, 2025)

As of December 3, 2025, Bitcoin (BTC) is trading at $91,879.33 USD, reflecting a modest +0.98% gain over the past 24 hours. The cryptocurrency's market capitalization stands at $1.83 trillion, with a robust $81.86 billion in 24-hour trading volume. This comes amid a broader crypto market recovery, where the total market cap has climbed nearly 7% to $3.13 trillion, driven by over $360 billion in short liquidations and $160 billion in fresh inflows. Community sentiment remains predominantly bullish, with 81% of voters on platforms like CoinMarketCap expressing optimism.

Current Technical Analysis

Bitcoin has shown resilience after dipping to $84,400 earlier this week, reclaiming the $93,000 level and stabilizing around $91,800–$92,000. Key technical indicators point to strengthening momentum.

Overall, the setup leans bullish on lower timeframes (LTF), with a confirmed breakout above key resistances like $89,318 opening impulsive upside potential. However, weekly closes below the 50-week MA remain technically bearish, capping euphoria.

Price Targets and Forecast

Analyst consensus for today and the near term is cautiously optimistic, with short-term targets clustering around $92,000–$96,000 if $90,000 holds. For December and into 2026, projections vary based on sustained buying pressure and macro factors like ETF adoption.

Key Risks and Outlook

Volatility remains high (6.74% over 30 days), with 43% green days recently. Geopolitical tensions or regulatory hurdles could pressure prices, but the macro bottom for alts (and BTC) appears to be forming—focus on longs during LTF chop. This is not financial advice; always DYOR and manage risk with stops (e.g., below $85,400). Bitcoin's path to $100,000+ looks viable if supports hold, but patience is key in this range-bound phase.
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Key Metrics for Today:$$
Open: ~$86,321 (from Dec 1 close)High: ~$87,200Low: ~$84,000Current (as of ~16:00 UTC): ~$87,20024h Change: +0.5–0.6%
🔎 Key Market Snapshot
As of today, BTC is trading near $87,000, after recovering from a dip below $84,000 earlier.This rebound emerges after a sharp sell-off that wiped out a portion of BTC’s value — the drawdown from its recent high (~$126,000) is now roughly 30–33%.The price movement today shows a range roughly between $84,000–$87,200, with a modest intraday gain of about +0.5–0.6%.🔧 Technical Interpretation —
Analysts mark $86,000 as a pivotal support zone: holding above it could stabilize BTC, but a drop below might send it toward deeper support at $80,000–$85,000.
On the upside, if Bitcoin clears $93,000 (to ~$97,000) convincingly, that might reopen a path toward the low-$90,000s resistance zone.However, many technical indicators remain cautious / bearish: price is below key moving averages, and overall trend strength appears weakened.Bottom line (for now): BTC seems range-bound between ~$80,000 and ~$97,000. The next few trading sessions are likely to test whether today’s bounce holds — the chart currently favors a sideways to slightly bearish consolidation, unless upward momentum returns.Given the current mix — slight rebound, but macro and liquidity concerns — a consolidation seems the base case for now. That said, the setup remains volatile: a strong macro shift or big inflow could tilt it bullish, while renewed risk-off might drive a deeper correction.🧠 Summary —BTC’s recovery to ~$87,000 after a steep drop shows resilience — but it’s inside a fragile, volatile range.The battle now is between support around $86,000–$85,000 and resistance around $93,000–$97,000.Macro environment (global rates, liquidity, risk sentiment) remains a major driver.For traders — expect volatility, but likely sideways movement unless a strong catalyst emerges.
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