Bitcoin (BTC) — Onchain News & Whale Tracking

Bitcoin Falls Below $87,000

As of December 18th, per HTX market data, Bitcoin has fallen below $87,000 and is currently trading at $86,380, marking a 1.75% decline over the past 24 hours.

Bitcoin Faces 'Black Swan Event' Market Movement, Falls Below $88,000

Bitcoin experienced a flash crash on December 17. After briefly topping $90,000, it has since fallen below $88,000 and is currently trading at $87,333, with a 24-hour drop of 0.50%.

「HODLer」 Goes Long on Bitcoin with 40x Leverage, Currently Down 65%

December 17th — Per monitoring from HyperInsight (via its Telegram channel @HyperInsight), crypto whale Huang Licheng opened a 40x leveraged long position on Bitcoin. The position totals 17 BTC, with an entry price of $89,663.9 and a liquidation price of $35,504.5. This long position is now down 65%. The account’s total unrealized loss across its long positions has reached $52,000, having previously held unrealized gains of over $300,000.

Bitcoin Drops Below $89,000

On December 17th, per HTX market data, Bitcoin dropped below $89,000, with its 24-hour percentage change narrowing to 1.81%.

Bitcoin Surges Above $90,000

On December 17, per HTX market data, Bitcoin rebounded and crossed the $90,000 mark, up 3.18% over the past 24 hours.

Bitcoin Surges Above $89,000

Bitcoin rebounded to break above $89,000 on December 17, per HTX market data, posting a 24-hour gain of 2.07%.

K33: Bitcoin Long-Term Holder Sell Pressure Approaching "Saturation," Distribution Phase Nearing End

**K33: Long-Term Bitcoin Holder Selling Pressure Nearing Saturation** Research and brokerage firm K33 noted in a report published yesterday that selling pressure from long-term Bitcoin holders is approaching saturation after years of distribution, with on-chain selling pressure expected to ease gradually. K33 research director Vetle Lunde said that since 2024, the supply of Bitcoin held for over two years has been steadily declining: roughly 1.6 million BTC (valued at ~$138 billion at current prices) has been reactivated and flowed into the market, reflecting ongoing on-chain selling by early holders. Lunde added this scale far exceeds what technical migrations or structural adjustments can explain, indicating substantial distribution activity. The report highlighted that 2024 and 2025 rank as the second and third-highest years in Bitcoin’s history for long-term supply recirculation, trailing only 2017. Unlike 2017’s cycle—driven primarily by ICOs, altcoin trading, and incenti

Analysis: Bitcoin's current round of decline is "different from the past," not accompanied by a major crisis but with continuous fund outflows

As of December 17, Bloomberg reports Bitcoin is on track for its fourth annual decline in history—and the first time a pullback has occurred without a major scandal or industry-wide meltdown. Analysis notes the downturn is unfolding even as institutional participation grows, the regulatory landscape matures, and the crypto sector gets public backing from U.S. President Trump, catching markets off guard. Since hitting an all-time high above $126,000 in early October, Bitcoin has pulled back sharply. Trading volumes are currently low as investors continue exiting related products. Data shows U.S.-listed Bitcoin spot ETFs have seen net outflows of over $5.2 billion since October 10, market depth has dropped ~30% from its yearly peak, and there’s little appetite for a rebound in the derivatives market. Unlike prior bear markets, this pullback wasn’t triggered by exchange collapses, heavy-handed regulation, or systemic risk events. The three prior annual drops stemmed from: Mt. Gox’s co

Early Bitcoin Investor Nick Rose Doubles Down on Bitcoin Mining with AI Data Center

December 17: Orion Compute—founded by early Bitcoin investor Nick Rose—today announced its entry into large-scale Bitcoin mining and AI data center infrastructure development, with an initial focus on emerging markets boasting abundant low-cost energy. Orion Compute noted that as global AI data center investments accelerate, North America and Western Europe face rising electricity costs, grid congestion, and power supply risks. The firm plans to deploy computing infrastructure in regions with energy surpluses and low utilization rates to slash electricity costs and ensure uninterrupted power supply. In the short term, Orion Compute will prioritize projects in West Texas, U.S., before expanding to emerging economies once regulatory and infrastructure conditions mature. For its strategy, the company is using a phased deployment model: initially leveraging cost-effective AI hardware (like Nvidia A100 GPUs) to cut capital expenditures and optimize energy and operational systems; subs

Binance Pool 2025 Retrospective Report: 30% Growth in Network-Wide Bitcoin Hash Rate, Global Mining Landscape Continues to Expand

On December 17, Binance unveiled its 2025 Binance Mining Pool Review Report. The Bitcoin network’s hash rate climbed from 795 EH/s to 1,031 EH/s this year, posting a 30% year-over-year (YoY) growth—largely fueled by large-scale institutional miners expanding operations globally and deploying new hash power. Binance Pool rolled out over 20 system upgrades, launched 10 initiatives (including 8 Super Mining events), and awarded extra income (beyond regular mining rewards) to 590 miners. Looking ahead to 2026, Binance Mining Pool will prioritize user experience enhancements, infrastructure development, and expanding Super Mining activities to deliver greater value to miners.

Bloomberg Strategist: Bitcoin is Headed to $10,000, Risk-Reward Structure Has Shifted

On December 17, Bloomberg Intelligence strategist Mike McGlone stated Bitcoin faces retracement pressure, with its price expected to fall near $10,000. MicroStrategy founder Michael Saylor recently told the Miami Economic Club: “We used money we couldn’t afford to lose to buy Bitcoin.” McGlone noted he admires Saylor, adding that Saylor’s 2020 entry into Bitcoin (when prices hovered around $10,000) drove a 10x surge in its value. However, he said many key market expectations have already been met: the launch of ETFs, U.S. leaders acknowledging Bitcoin’s benefits, and broader mainstream adoption. Today, CoinMarketCap lists 28,000 cryptocurrencies—up from just one in 2009. With major positive developments materializing, the surge in crypto assets, and market expectations fully priced in, the short-term risk-reward structure has shifted.

A certain new wallet has accumulated 775.11 bitcoins, worth $67.23 million.

On December 17, OnchainLens analytics show a recently created wallet has withdrawn 775.11 BTC (valued at $67.23 million) from Binance.

The Bhutanese Government has pledged to use 10,000 bitcoins to build the "City of Mindfulness."

**Cointelegraph: Bhutan to Deploy 10,000 Bitcoins for Gelephu Mindfulness City (GMC)** On December 17, Bhutan’s government announced it will use 10,000 bitcoins from its reserves to build **Gelephu Mindfulness City (GMC)**—a special administrative region set to launch in 2024. Located in southern Bhutan’s Gelephu town, GMC aims to curb youth emigration by creating high-value local jobs and becoming the country’s new economic hub. It will attract businesses across finance, tourism, green energy, tech, healthcare, and agriculture, offering regulatory flexibility for crypto and fintech firms while advancing Bitcoin mining in Bhutan. GMC covers roughly 10% of Bhutan’s territory (about 1,544 square miles). Bhutan’s Bitcoin reserves rank fifth globally (most from mining), totaling around 11,286 coins—valued at over $986 million.

Opinion: If Bitcoin does not possess quantum attack resistance by 2028, the price may fall below $50,000

**December 17th** Capriole Investments founder Charles Edwards—who leads a quantitative Bitcoin and digital asset fund—warned via Cointelegraph that Bitcoin’s price could drop below $50,000 if the network fails to develop quantum computing resistance by 2028. Quantum computing’s potential threat to the crypto industry has long loomed as a critical inflection point: Advanced quantum machines could theoretically break encryption algorithms, exposing user private keys and leaving funds or sensitive data vulnerable to malicious actors. While the risk is widely viewed as distant, Edwards predicts it could materialize as early as 2028 without timely industry action—potentially hammering Bitcoin’s value.

Yesterday, Bitcoin ETF saw a net outflow of $2.772 billion, while Ethereum ETF saw a net outflow of $2.242 billion.

Per Farside Investors data released December 17, Bitcoin ETFs recorded a net outflow of $277.2 million on December 16, while Ethereum ETFs saw $224.2 million in net outflows the same day.

Polymarket predicts a 32% probability of "Bitcoin dropping below $80,000 in December"

As of December 17, Polymarket data indicates Bitcoin has a 32% probability of dropping below $80,000 in December, 6% odds of falling below $70,000, and a 9% chance of surpassing $100,000.

Bitcoin Falls Below $87,000

On December 17th, per HTX market data, Bitcoin dropped below $87,000, posting a 1.49% 24-hour change.

Michael Saylor: Quantum Computing Will Not Break Bitcoin, But Instead Enhance Its Security and Reduce Supply

On December 17, MicroStrategy founder Michael Saylor shared a message: “Bitcoin’s Quantum Leap: Quantum computing won’t crack Bitcoin—instead, it’ll make the cryptocurrency stronger. As the network upgrades, active Bitcoin holdings will be migrated to more secure addresses, while lost Bitcoin will be permanently frozen. Enhanced security and a reduced supply will make Bitcoin more powerful.” ### Notes on American English adjustments: 1. **Clarity & Accuracy**: Added *MicroStrategy* (Saylor’s actual company—"Strategy" is incomplete for U.S. audiences). 2. **Natural Flow**: Used contractions (*won’t, it’ll*) common in casual/tech discourse; replaced rigid commas with em dashes for smoother contrast. 3. **Precision**: Swapped "moved" for *migrated* (tech-specific term) and "bitcoins" for *Bitcoin holdings* (standard phrasing). 4. **Brevity**: Condensed repetitive "Bitcoin therefore becomes more powerful" to a tight, punchy clause. 5. **Date Format**: Added *On* (standard for U

If Bitcoin breaks above $89,000, the mainstream CEX cumulative short liquidation intensity will reach 702 million.

On December 17th, Coinglass data shows that if Bitcoin breaks above $89,000, total short liquidation intensity across major centralized exchanges (CEXs) will reach $702 million. Conversely, if Bitcoin falls below $85,000, total long liquidation intensity for these major CEXs will hit $1.244 billion. BlockBeats Note: Liquidation charts do not show the exact number of contracts to be liquidated or their precise value. Instead, the bars on these charts reflect the relative importance of each liquidation cluster compared to adjacent ones—meaning "intensity." In short, the charts indicate how strongly a price level will react when hit: a taller "liquidation bar" signals a more intense price response driven by liquidity flows.

Bitwise: Bitcoin is expected to reach a new all-time high in 2026, the halving effect has significantly diminished, and the emergence of 10.11 has reduced the likelihood of a major market crash.

December 17 Cryptocurrency investment firm and index fund manager Bitwise says Bitcoin will hit a new all-time high in 2026, despite a two-month slump. Bitwise CEO Matt Hougan noted that Bitcoin has historically followed a four-year cycle—three years of strong growth followed by a deep pullback year. Under that cycle, 2026 would typically be a pullback year. But we don’t think that’s going to happen. In our view, the key drivers of that four-year cycle—Bitcoin halvings, interest rate cycles, and crypto market swings tied to leverage—have weakened significantly compared to past cycles. - **Halving Impact**: Each subsequent Bitcoin halving is, by definition, only half as impactful as the one before it. - **Interest Rates**: Rates spiked sharply in 2018 and 2022, weighing on prices—but we expect rates to fall in 2026. - **Bubble Risk**: After record liquidations in October 2025, relative deleveraging and better regulation have cut the odds of a major market crash. More i

Bitcoin Breaks $88,000, 24-hour Gain 1.38%

On December 16th, HTX Market Data shows Bitcoin has surpassed $88,000, posting a 24-hour gain of 1.38%.

The Trump Family-Associated Mining Firm ABTC Ranks in Top 20 Bitcoin Treasury Companies

Associated Press (AP) reported on December 16 that American Bitcoin (ABTC)—a mining firm affiliated with the Trump family—held approximately 5,098 bitcoins in its strategic reserve as of December 14, 2025, placing it among the top 20 publicly listed Bitcoin treasury reserve companies globally. Eric Trump, ABTC’s co-founder and Chief Strategy Officer, said: “I’m incredibly proud of the tremendous growth we’ve achieved. In just over three months since our Nasdaq listing, ABTC’s Bitcoin reserve has cracked the top 20 of publicly listed Bitcoin treasury reserve firms worldwide—proof of our explosive growth rate and robust expansion capabilities.”

Bitcoin Surges Above $87,000

December 16 — HTX market data shows Bitcoin rebounded past $87,000, with its 24-hour decline narrowing to 3.25%.

Bitcoin Withdrawal Recovery, 4,640.56 BTC Net Outflow from CEX in the Last 24 Hours

**Bitcoin (BTC) CEX Flows: Dec 16 Data (Coinglass)** Over the past 24 hours, total net BTC outflows from centralized exchanges (CEXs) reached 4,640.56 BTC, according to Coinglass. Top 3 CEXs by BTC outflows: - Coinbase Pro: 6,060.16 BTC out - Kraken: 1,374.16 BTC out - Bybit: 618.90 BTC out Notably, Binance led inflows with 2,958.27 BTC added.

Analysis: As Bitcoin experiences a 30% pullback, the "Whale Address" is accumulating at the fastest pace in 13 years

December 16th — According to a Cointelegraph report, Bitcoin has retraced roughly 30% from its ~$126,000 all-time high and is hovering around the key $85,000 support level. On-chain data shows mid-sized holders and some institutional funds are ramping up accumulation. Glassnode figures indicate addresses holding 100–1,000 BTC (often called mid-tier whales) accumulated ~54,000 BTC over the past week. Their total holdings rose from ~3.521 million BTC to 3.575 million BTC — a pace of accumulation not seen since 2012, signaling clear bottom-fishing amid the sharp pullback. Still, upside potential remains capped by selling pressure from larger holders. Data shows long-term and “OG” whales (holding 10,000+ BTC) have steadily reduced positions over the past two months. Capriole Investments founder Charles Edwards noted record institutional buying is being absorbed by long-term holders at a rate unseen in years — a dynamic that could keep suppressing Bitcoin’s price action short-term.

Yesterday the US Bitcoin spot ETF saw a net outflow of $3.576 billion

On December 16, Farside monitoring data indicates the U.S. Bitcoin spot ETF posted a net outflow of $3.576 billion yesterday.

Michael Saylor: Still Bullish on Bitcoin

On December 16, MicroStrategy founder Michael Saylor stated in a post that he remains bullish on Bitcoin. Previously reported: Last week, MicroStrategy again acquired 10,645 Bitcoin, totaling roughly $9.803 billion, at an average price of approximately $92,098 per coin. As of December 14, 2025, the company holds 671,268 Bitcoin, with a total cost basis of roughly $50.33 billion and an average cost per coin of about $74,972. ### Notes on American English adaptation: 1. **Company clarity**: Replaced generic "Strategy" with **MicroStrategy** (standard for this Bitcoin-focused firm, critical for U.S. readers). 2. **Date structure**: Added "On" before the date (natural for American journalistic tone). 3. **Terminology**: Used "cost basis" (financial jargon common in U.S. business/tech reporting) instead of "total cost"; alternated "approximately/roughly/about" to avoid repetition; "per coin" (concise, standard in crypto coverage) instead of "per bitcoin". 4. **Flow**: Simplif

Grayscale: Quantum Computing Unlikely to Impact Bitcoin and Cryptocurrency Prices in 2026

**December 16 (Decrypt) — Grayscale said in its latest “2026 Digital Asset Outlook” report that while quantum computing poses a long-term security challenge, it will have minimal impact on cryptocurrency market prices in 2026, labeling the threat a “false alarm” for the coming year. The asset manager noted the quantum risk is a legitimate concern but unlikely to affect crypto markets or valuations in the short term.** **The report cited estimates suggesting a quantum system capable of breaking Bitcoin’s cryptography could emerge as early as before 2030. Grayscale analysts added that research and preparation for post-quantum cryptography will continue, but the issue is not expected to impact valuations over the next year.**

Trump Says He Will 'Consider' Pardoning Bitcoin App Developer Keonne Rodriguez

On December 16, Decrypt reported that U.S. President Donald Trump has signaled openness to considering a pardon for Keonne Rodriguez—the convicted developer behind the Samourai Wallet—stating he has been briefed on the case. When asked about Rodriguez’s situation, Trump told the outlet: “I’ve heard about this, and I’ll take a look at it.” He then turned to U.S. Attorney General Pam Bondi (who was present at the time) and said: “We’ll look into this, Pam.” Rodriguez was sentenced last month to five years in federal prison for his role in building the Samourai Wallet, a tool that lets Bitcoin users keep transaction privacy without sending funds to a third party. He is set to report to federal prison to start serving his sentence this Friday.

MetaMask has added support for the Bitcoin network, further advancing its multi-chain process.

December 16 – MetaMask is ramping up its multi-chain expansion, now natively supporting the Bitcoin network, per a report from *The Block*. MetaMask users can now: - Purchase Bitcoin directly with fiat currency - Conduct on-chain Bitcoin network transfers - Swap native EVM assets and SOL for Bitcoin The latest MetaMask version will be the first to support native Segregated Witness (SegWit) addresses, with plans to add Taproot address support “soon.” ConsenSys CEO Joseph Lubin noted in an October interview that the company is advancing MASK token issuance, though a specific launch date has not been confirmed. Additionally, users swapping Bitcoin on MetaMask will earn MetaMask reward points.

If Bitcoin drops below $84,000, the mainstream CEX's aggregated long liquidation volume will reach $531 million

Dec. 16 (BlockBeats) — Per Coinglass data, Bitcoin’s cumulative long liquidation intensity across major centralized exchanges (CEXs) will hit $531 million if the token drops below $84,000. Conversely, cumulative short liquidation intensity will reach $559 million if Bitcoin climbs above $87,500. Note: Coinglass’ liquidation chart does not show the exact number or value of contracts at risk of liquidation. Instead, its bars reflect the relative importance of each liquidation cluster compared to neighboring clusters (i.e., "intensity"). A taller bar indicates a more severe liquidity cascade reaction when the underlying asset’s price hits that level.

Bitcoin Drops Below $86,000

On December 16, per HTX market data, Bitcoin has fallen below $86,000 and is currently trading at $85,909.

Bitcoin Drops Below $87,000

Dec. 15 — Bitcoin has dropped below $87,000, currently trading at $86,991, per HTX market data.

If Bitcoin falls below $86,000, the mainstream CEX long liquidation volume will reach 662 million.

On December 15th, Coinglass data shows that if Bitcoin drops below $86,000, cumulative long liquidation intensity across major centralized exchanges (CEXs) will hit $662 million. Conversely, if Bitcoin climbs above $89,000, cumulative short liquidation intensity on those same major CEXs will only total $240 million. BlockBeats Note: Liquidation charts do not display the exact number of contracts at risk of liquidation or their precise value. Instead, the bars represent how significant each liquidation cluster is relative to nearby clusters—this refers to "intensity." This means the chart illustrates how strongly the underlying asset’s price will react when hitting a specific level. A taller "liquidation bar" signals a more intense market reaction due to a liquidity cascade.

Bitcoin Drops Below $88,000

Dec. 15 — Per HTX market data, Bitcoin has fallen below $88,000, last trading at $87,850.

Bitcoin Drops Below $89,000

December 15 – Bitcoin has dropped below $89,000, currently trading at $88,951 with a 0.12% 24-hour decline, per HTX Market Data.

Strategy once again significantly increased its holdings last week, acquiring 10,645 Bitcoin.

UPDATE: December 15 Per official sources, Strategy has once again significantly increased its Bitcoin holdings, acquiring 10,645 BTC last week. The total value of the purchase is approximately $9.803 billion, with an average price of around $92,098 per BTC. As of December 14, 2025, Strategy holds a total of 671,268 BTC. Its aggregate cost for these holdings is approximately $50.33 billion, with an average cost of roughly $74,972 per BTC.

American Bitcoin Corp has increased its holdings by 261 BTC, bringing its total holdings to 5,044 BTC.

On December 15th, Trump family-backed Bitcoin miner American Bitcoin Corp announced it has added 261 BTC to its holdings, pushing its total Bitcoin holdings to 5,044 BTC. This rewrite uses concise, news-friendly language common in U.S. financial briefs: - Replaces "Bitcoin mining firm" with the more compact "Bitcoin miner" (standard in crypto reporting). - Omits "that" after "announced" (natural in spoken/written U.S. English for direct statements). - Adds "Bitcoin" before "holdings" to clarify (avoids ambiguity). - Uses "pushing" (casual, active verb) instead of "bringing" for a tighter flow. - Places the date at the start (standard for timely updates).

Trader Peter Brandt: Bitcoin has broken below the "parabolic advance" of the bull market cycle

On December 15, Peter Brandt — a renowned trader and chart analyst who correctly predicted Bitcoin’s sharp 2018 drop — said this morning that the cryptocurrency’s bull market cycle has undergone exponential decay. While the current Bitcoin bull run saw parabolic growth, it has now fallen below its parabolic trend line. Historically, Bitcoin has averaged an 80% drop after breaking below such a parabolic trend line. Based on that 80% decline, Brandt projects Bitcoin’s bottom will hit $25,240. In November, Brandt had forecast Bitcoin could bottom at $60,000.

Halfwood Summer: Bitcoin Moving Average Convergence Forms Key Resistance, Breakout to Provide Key Bullish Signal

Dec. 15 — Chinese crypto analyst Banmuxia noted in a new analysis video today that Bitcoin’s uptrend remains intact despite the token falling below $90,000. On the 4-hour chart, multiple moving averages are converging to form a key resistance level around $90,500—breaking above this threshold would be a critical bullish signal, per the analyst. Banmuxia has also adjusted Bitcoin’s take-profit targets to $96,200, $101,600, $110,000, and $112,500 (previously $98,000, $103,300, and $112,500; targets are subject to dynamic updates). He again emphasized that Bitcoin and similar assets are still poised to rise amid improved market liquidity.

Analysis: Bitcoin Exchange-Wide Leverage Ratio Drops to Lowest Level Since May This Year

December 15th: Analyst @alicharts, citing CryptoQuant data, notes Bitcoin’s all-exchange leverage ratio has dropped to its lowest level since the May 1011 crash this year, signaling strong risk aversion in the current market.

Original Canaan Inc. Co-Chairman: Recently, about 400,000 Bitcoin mining machines in Xinjiang, China have been shut down.

December 15 – Kong Jianping, former co-chairman of Canaan Inc. and current founder/chairman of Nano Labs, referenced a prior tweet (“Xinjiang Bitcoin mining facilities are gradually shutting down”) on Thursday. He noted that, based on Bitcoin’s recent hashrate drop, at least 400,000 mining machines (average 250T per unit) have been shut down recently. Earlier data from F2pool shows the Bitcoin network’s current hashrate is 988.49 EH/s, a 17.25% decline from the same period last week. Notably, foreign media reported in November that Bitcoin mining activity had picked up again in Xinjiang and other Chinese regions. As of October 30, 2025, China accounted for ~14% of global Bitcoin hashrate (third-largest globally). Subsequently, on November 28, the People’s Bank of China led 13 departments to launch a special campaign targeting virtual currency trading and speculation.

Last week, the Bitcoin network's hash rate dropped by 17.25%.

As of December 15th, F2pool data shows the Bitcoin network’s total hashrate currently stands at 988.49 EH/s — a 17.25% drop from the same time last week.

Opinion: If Bitcoin is compromised by quantum computing, OG will take over Satoshi's holdings

On December 15th, a heated debate erupted on social media over whether quantum computers could potentially hack Satoshi Nakamoto’s Bitcoin wallet and dump its holdings—sparking reactions after YouTuber Josh Otten shared a BTC price chart showing the token plummeting to $3. Otten argued that if a powerful enough quantum computer stole the roughly 1 million BTC held by Bitcoin’s anonymous founder and dumped it on the market, such a $3 crash could occur. Longtime Bitcoin hodler Willy Woo pushed back, noting: “Many OGs (original gangsters, early holders) would buy the dip in a flash crash like this. The Bitcoin network would survive, and most BTC wouldn’t face immediate risk.” He further explained that around 4 million BTC—including Satoshi’s holdings—sit in P2PK (Pay-to-Public-Key) addresses. These addresses expose the full public key when spent on-chain, making them theoretically more vulnerable to quantum attacks. Woo added that once a wallet’s full public key is revealed on

Bitcoin Sees Short-Term Recovery, Surges Above $90,000

On December 15th, according to HTX market data, Bitcoin staged a short-term rebound, briefly topping $90,000. Its current price stands at $89,903, with its 24-hour decline narrowing to 0.52%.

CryptoQuant CEO: Bitcoin's Trajectory Still Uncertain, Stick to Existing Judgment and Watch Closely

On December 15, CryptoQuant founder and CEO Ki Young Ju took to social media to share: “Leveraging Claude AI, we’ve built an Analyst Consensus Index drawing on insights from 246 vetted analysts. A 5-year backtest on Bitcoin revealed the index accurately forecasted the 2022 crash, 2023 bull market, and current pullback.” With many questioning Bitcoin’s next move, Ju noted that in the current neutral, uncertainty-ridden environment, the more prudent approach is: stick to your own assessment, hold your current positions, and wait and see.

Bitcoin Surges Above $89,000

On December 15th, Bitcoin rebounded to breach $89,000, last trading at $89,019 per HTX market data—its 24-hour decline narrowing to 1.39%.

If Bitcoin drops below $86,000, the total long liquidation volume on major CEXs will reach $514 million.

On December 15, data from Coinglass shows that if Bitcoin drops below $86,000, the cumulative long liquidation intensity across major centralized exchanges (CEXs) will hit $514 million. Conversely, if Bitcoin breaks above $90,000, the cumulative short liquidation intensity for these mainstream CEXs will reach $417 million. BlockBeats Note: Liquidation charts do not reflect the exact number of contracts at risk of liquidation or their precise value. Instead, the bars on these charts represent how significant each liquidation cluster is relative to neighboring clusters — in other words, "intensity." This means the charts illustrate the degree of price impact when a specific level is hit. Higher liquidation bars signal that the price will face a more pronounced reaction from liquidity cascades when reaching that threshold.

Bitcoin Drops Below $88,000

As of December 15, per HTX market data, Bitcoin has fallen below $88,000 and is currently trading at $87,982, down 2.43% over the past 24 hours.

Analyst: Bitcoin Key Support Level at $86,000, Potential Breakdown Could Trigger Deeper Pullback

December 14 (CoinDesk) — Bitcoin fell below $90,000 on Sunday, as investors held limited overall risk appetite ahead of next week’s key economic data releases and central bank meetings. Some analysts have warned that a break of key technical levels could shift Bitcoin’s range-bound consolidation into bearish territory. Crypto analyst Ali Martinez said earlier Sunday on X that $86,000 remains a critical support level Bitcoin must hold; a breach of this level could trigger a deeper market pullback. The crypto market is currently in a consolidation phase, with low trading volume and muted investor confidence. Traders are waiting for upcoming U.S. macroeconomic data and central bank policy decisions to gain clearer directional signals.