Bitcoin Faces Resistance at $90,000 Amid Correction Concerns

2025-12-23 19:03

Bitcoin traders are closely monitoring the $90,000 resistance level as fears of a potential market correction grow. The cryptocurrency has repeatedly tested the $86,000 mark over the past five weeks, highlighting its significance as a key support level. With liquidity thinning ahead of the Christmas period and increased short-squeeze pressure, market volatility is on the rise. Traders are adjusting their short put positions in anticipation of expiries, while some are considering $93,000 put options set to expire in early 2026 or preparing to build positions if Bitcoin reaches $88,000.

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