Technical analysis by The_Alchemist_Trader_ about Symbol BTC on 12/16/2025

Bitcoin price action is now trading within a clearly defined range between sub-$80,000 support and $94,000 resistance. Price recently rejected from the range high after failing to reclaim the Value Area High on a daily closing basis, reinforcing the range-bound structure. This rejection has triggered a bearish expansion back toward the range midpoint, which aligns with the 0.618 Fibonacci retracement and daily support. This region is now critical for short-term direction. As long as Bitcoin holds this midpoint support, price is likely to remain rotational within the range. However, a daily close below this level would open the probability of a deeper corrective move toward the sub-$80,000 range low. Key Levels & Structure: - Range High: $94,000 - Range Midpoint: 0.618 Fibonacci + Daily Support - Range Low: Sub-$80,000 What to Expect: Bitcoin is likely to remain rotational within this range until a decisive breakout or breakdown occurs. Directional confirmation will come from a clean daily close beyond the range boundaries.