Bitcoin at a Crucial Crossroad: What’s Next?

The $90,000 level serves as a key support zone for Bitcoin. If this level breaks, the cryptocurrency could head toward lower price levels, which have been clearly marked on the chart.

From a fundamental perspective, factors such as the potential return of Donald Trump to the presidency could act as a positive catalyst for the market, given that his economic policies have historically boosted financial markets and high-risk assets. However, the impact of such events heavily depends on future political and economic conditions, making it hard to predict with certainty.

On the downside, a further drop in Bitcoin’s price remains a possibility, especially since the market has struggled to accumulate enough liquidity for a sustained bullish trend in recent weeks. Therefore, a bearish scenario should not be ruled out.

Trading Recommendations:

Capital Management:
Whether in a bullish or bearish scenario, proper capital management is essential. Avoid entering futures trades against the prevailing market trend.
For Holders:
There’s little reason for long-term holders to worry. Bitcoin and other cryptocurrencies still appear to have strong growth potential for the coming year.
Given the current situation, it's advisable to focus on thorough trend analysis, risk management, and rational decision-making in your trades.

Wishing you and all market participants a prosperous and successful year ahead!