🪙 Bitcoin six weeks sideways... Bearish or bullish?
#Bitcoin #BTC #BTCUSDT
Let's look at Bitcoin with a fresh eye. We've been seeing many rejections lately. Anytime Bitcoin tries to move above $90,000 we see a rejection and the action stays below this level. Is this bearish or bullish? What to expect?
We can look at the chart and market based on our bias, and in this way we can easily fool ourselves. But if we look close enough, analyze the chart, the truth always comes up. The information is already available we just need to be able to get our own prejudices out of the way.
$80,000 to $90,000. That's the price range.
A bearish scenario would go like this: Bitcoin recovers 21-November from a low of $80,000 and peaks at $94,500. It goes sideways. Whenever Bitcoin tries to move above $90,000 we get a rejection, but it gets worse. Instead of what we are seeing now, the action fluctuates between $88-$87,000 and $81,000. $80,000 is never tested but the fluctuations happen in the above range.
When Bitcoin hits $87,500, we see a rejection and back down to $83,000. Then some buying and again, lower to $82,000. Notice that the main low 21-November, in this example, is not tested yet the action is happening just too close to support. Any sudden move can send prices crashing down. Any strong bearish momentum can compromise our support zone. This isn't what is happening today.
Instead, we are seeing rejections when Bitcoin tries to move above $90,000 but prices never move below $86,500. We are seeing upper shadows on the candles with the lower shadows becoming smaller.
While sideways is what we are seeing, a bullish bias is present even if a subtle one. So this isn't a clear signal. What to do?
Here the action is mixed, weak for the bulls, poor for the bears; no conclusions can be reached.
We saw the signal coming from the three red months rule. We saw the signals coming from Ethereum and other altcoins. We saw how a relief rally develops, minimum, after a strong drop. We saw Tether Dominance turning bearish, trading at resistance, which is bullish for Bitcoin. We see Bitcoin Dominance producing lower highs for more than 7 months.
Now, the current chart, the past six weeks are mixed; taking all the signals combined, we can vote favoring the bulls.
Market conditions are similar to April 2025. After a correction, a bullish wave follows. Volume here in November 2025 is lower than February 2025. These are the two biggest bearish volume bars. The latter is lower than the former. If the market can recover with force when the bears are very strong, it can recover again since the bears are lacking strength.
Retraces should be used as an opportunity to rebuy and reload. Right now is the time to go LONG with maximum force. Buy and hold. We are going green.
It can take some time before the market turns. The charts are pointing to a bullish move next. Short-term noise and volatility are part of the game. Squeezes also, watch out.
✅Bitcoin Price Prediction ✅ Analysts expect Bitcoin to reach new highs in 2026, with some predicting prices between $120,000 to $300,000. Standard Chartered's research team forecasts $300,000 per BTC by the end of 2026, while others like Fidelity and Bloomberg analysts have target prices above $100,000.
- *Institutional Adoption*: Institutional investment in crypto is accelerating, with companies like JPMorgan and Société Générale launching their own stablecoins and exploring blockchain technology. Tokenization of real-world assets is also gaining traction, with BlackRock's BUIDL fund surpassing $500 million.
Trust Wallet has officially confirmed a security incident affecting their Chrome browser extension. Here's what you need to know:
What Happened: On Christmas Day, hundreds of #TrustWallet users reported their funds being drained automatically. On-chain investigator #ZachXBT first flagged the issue and tracked losses exceeding $6 million across Bitcoin, Ethereum, Solana, and other EVM chains.
The Cause: The vulnerability was found in browser extension version 2.68, released on December 24. Security researchers discovered hidden malicious code disguised as analytics that activates when users import a seed phrase. This code secretly sends wallet data to a fake domain controlled by attackers.
Who Is Affected: ⚠️ Only Chrome extension version 2.68 users ⚠️ Highest risk for those who imported seed phrases into the extension
Who Is Safe: ✅ Mobile app users ✅ Users on other extension versions What You Should Do RIGHT NOW: 1️⃣ Stop using Trust Wallet extension immediately if you're on version 2.68 2️⃣ Update to version 2.69 only through the official Chrome Web Store 3️⃣ Move your funds to a brand new wallet with a fresh seed phrase if you used the affected version 4️⃣ Revoke all token approvals using Revoke.cash 5️⃣ Do not import any seed phrases into browser extensions until this situation is fully resolved
Key Takeaway: This incident is a strong reminder about the risks of browser-based wallets. Even trusted platforms can become targets through supply-chain attacks. Always keep your high-value assets in hardware wallets and stay updated on security news. Trust Wallet says they are actively investigating and will provide more updates soon.