Bitcoin has been fluctuating near the lower edge of its recent price band, as concerns about demand for riskier assets persist. Over the past month, Bitcoin’s value has oscillated loosely between $85,000 and $95,000 following a downturn in October that left the cryptocurrency market somewhat fragile.
In the last 48 hours, Bitcoin dipped below the $90,000 mark, hitting a low of $89,257 on December 11. At present writing, it is trading at approximately $90,581—a decline of nearly 2% over the previous day—as investors digest recent signals from the Federal Reserve regarding interest rate adjustments.
Federal Reserve Chair Jerome Powell remarked during his post-meeting press conference that the central bank is prepared to adopt a wait-and-see approach concerning economic developments. He also indicated that future interest rate reductions may proceed at a more gradual pace.
On a brighter note for Bitcoin enthusiasts in the United States, exchange-traded funds (ETFs) focused on Bitcoin experienced net inflows totaling $224 million on Wednesday alone. BlackRock’s iShares Bitcoin Trust led this surge with an influx of $193 million—the largest amount seen in thirty days. Additionally, Strategy acquired over ten thousand tokens valued close to $963 million in its biggest purchase since July.
The market outlook remains uncertain as traders weigh these mixed signals and try to anticipate where prices might head next.
Identifying Four Crucial Price Points
Crypto analyst Ali recently highlighted four significant price thresholds for Bitcoin based on MVRV extreme deviation bands amid ongoing market anticipation.
Although Bitcoin rebounded from November’s low near $80,524, there remains potential for further declines which could test or break this support level again.
Bitcoin $BTC key levels:
• Resistance at $99,000 and $122,000
• Support at $76,000 and $53,000 pic.twitter.com/TBXVeT2EXI— Ali (@alicharts) December 12, 2025
If prices do fall further as suggested by Ali’s analysis, $76,000 will serve as immediate support, if breached, $53,000 becomes a critical fallback level.
Conversely, if upward momentum resumes, $99,000 and $122,,000 are key resistance points traders should monitor closely for signs of sustained growth.
Largest Holders Control Nearly 30% of Circulating Supply
A recent report by Glassnode revealed insights into how major entities hold their share of Bitcoins—totaling approximately 5.94 million BTC or about 29.8% of all circulating coins.
This includes public companies owning roughly 1.07 million BTC while government reserves account for around 620 thousand BTC.
The combined holdings within U.S.-based spot ETFs stand near 1.31 million BTC, &&&&, exchanges collectively maintain custody over approximately 2.94,…million BTC. </paragraph