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Bitcoin Traders Stuck at $90,000 Resistance, Bear Market Correction Looms

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BTC
$87,737.20-0.69%
Bitcoin traders face a key resistance level at $90,000, with market sentiment showing signs of divergence. A correction phase could follow as liquidity dries up ahead of Christmas. Futures longs are under pressure, and volatility has hit multi-year lows. The $86,000 level remains a focal point in the options market after repeated tests. Traders are hedging with short puts near this support, while some are eyeing $93,000 put options for early 2026. A drop to $88,000 could trigger weekend expirations.
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