COINOTAG News reported on December 23 that Greek.live researcher Adam posted a social update noting that BTC continued its slide through the U.S. trading session, reinforcing a clear bearish sentiment among the English-speaking trading community as market momentum weakened and risk appetite contracted. Analysts cautioned that liquidity constraints could sustain volatility ahead of upcoming U.S. macro prints.
On the technical front, the market is watching a robust $86,000 support level that has been repeatedly tested over the past five weeks, while the thresholds at $93,000 and $88,000 are cited as pivotal reference points for near-term BTC positioning and short-term trading strategies for the Bitcoin price.