{"id":65171,"date":"2025-12-22T09:24:33","date_gmt":"2025-12-22T09:24:33","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-rebounds-above-89k-is-btc-poised-for-more-gains\/"},"modified":"2025-12-22T09:24:33","modified_gmt":"2025-12-22T09:24:33","slug":"bitcoin-price-rebounds-above-89k-is-btc-poised-for-more-gains","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-rebounds-above-89k-is-btc-poised-for-more-gains\/","title":{"rendered":"Bitcoin price rebounds above $89k; Is BTC poised for more gains?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/bitcoin-price-dump-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/bitcoin-price-dump-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/bitcoin-price-dump-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/bitcoin-price-dump-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Bitcoin price bounced to around $89,577 to recoup key support levels.<\/li>\n<li>With the upbeat reaction to recent selling, bulls are signaling a potential breakout.<\/li>\n<li>However, macroeconomic conditions point to Bitcoin facing a key resistance at $90,000-$95,000.<\/li>\n<\/ul>\n<p>Bitcoin has staged a notable recovery in the early trading session on Monday, December 22, as the price climbed back above the $89,000 mark.<\/p>\n<p>While overall sentiment hovers in the red, this rebound to highs of $89,577 could inject more momentum into the token.<\/p>\n<p>Investors, who are anticipating the potential year-end surge commonly referred to as the \u201cSanta rally\u201d, hope that it might help push BTC price higher.<\/p>\n<p>Altcoins are also similarly poised despite steep losses in the past month.<\/p>\n<h2>Bitcoin price gains to $89k<\/h2>\n<p>After experiencing significant downward pressure in recent weeks, Bitcoin has demonstrated notable resilience.<\/p>\n<p>The digital asset dipped to lows around $80,000 in mid-November.<\/p>\n<p>Driving this has been heightened volatility across the market, leveraged position unwinding, and broader macroeconomic uncertainties.<\/p>\n<p>However, bullish forces regained slight control to push to highs of $94,136 on December 9, 2025, before profit-taking hit once again.<\/p>\n<p>The fresh drawdown allowed sellers to crash to around $84,400 a week later.<\/p>\n<p>Prices have edged up in the last three days.<\/p>\n<p data-start=\"0\" data-end=\"271\">The number of entities holding at least 1,000 BTC, commonly known as whales, has begun to rise again following a sharp decline on December 17.<\/p>\n<p data-start=\"0\" data-end=\"271\">This indicator, which tracks large holders, suggests that major investors are leaning toward accumulation rather than selling.<\/p>\n<p data-start=\"273\" data-end=\"493\" data-is-last-node=\"\" data-is-only-node=\"\">Since December 20, the tally of these significant holders has been gradually increasing.<\/p>\n<p data-start=\"273\" data-end=\"493\" data-is-last-node=\"\" data-is-only-node=\"\">Although the figure remains slightly below six-month highs, the upward trend indicates cautious buying as Bitcoin prices stabilize.<\/p>\n<p>On Dec. 22, buyers pushed the price above $89,577 amid a recovery that reflected increased buying interest.<\/p>\n<p>Trading volumes picked up as market participants positioned for potential upside.<\/p>\n<p>The move towards the <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-eyes-90k-ahead-of-cpi-check-forecast\/\">key $90k level<\/a> marks a critical reclamation of support for the benchmark cryptocurrency.<\/p>\n<p>A shift in short-term sentiment from bearish deleveraging to cautious optimism looks poised to boost bulls.<\/p>\n<h2>BTC price forecast<\/h2>\n<p>Bitcoin\u2019s trajectory into the new year has been punctuated by a series of dips.<\/p>\n<p>Also, the cryptocurrency has largely underperformed most of the 2025 projections.<\/p>\n<p>Forecasts targeting $200,000 to $250,000 for the year\u2019s high have not materialized, despite BTC hitting the all-time high of $126,000 in October.<\/p>\n<p>Major factors such as persistent volatility, forced liquidations, and challenging macroeconomic conditions contributed to the sharp retreat from those peaks.<\/p>\n<p>Nevertheless, the current rebound has sparked discussions of the \u201cSanta rally,\u201d a seasonal phenomenon where risk assets often experience gains during the holiday period.<\/p>\n<figure id=\"attachment_354804\" aria-describedby=\"caption-attachment-354804\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-354804\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/12\/bitcoin-usd-price-chart.png\" alt=\"Bitcoin Price Chart\" width=\"1057\" height=\"571\"\/><figcaption id=\"caption-attachment-354804\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\" rel=\"noopener\">Bitcoin price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>If bullish momentum sustains, Bitcoin could aim for a retest of $95,000-$100,000 in the near term.<\/p>\n<p>Supported by institutional inflows and reduced selling pressure, there\u2019s potential for upside action to the $105,000-$110,000 in the coming months.<\/p>\n<p>Citi <a href=\"https:\/\/coinjournal.net\/news\/btc-at-143k-eth-above-4000-citi-issues-bullish-price-forecasts-as-crypto-market-continues-to-struggle\/\">predicts BTC to reach $143,000<\/a> in 2026.<\/p>\n<p>Macroeconomic conditions and renewed demand via exchange-traded funds could be key catalysts.<\/p>\n<p>However, failure to maintain upward traction amid ETF outflows may expose the asset to renewed downside risks.<\/p>\n<p>A potential revisiting of the sub-$80,000 territory remains if bearish forces prevail.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-price-rebounds-above-89k-is-btc-poised-for-more-gains\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bitcoin price bounced to around $89,577 to recoup key support levels. With the upbeat reaction to recent selling, bulls are signaling a potential breakout. However, macroeconomic conditions point to Bitcoin facing a key resistance at $90,000-$95,000. Bitcoin has staged a notable [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":65172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/65171"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=65171"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/65171\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/65172"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=65171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=65171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=65171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}