Bitcoin’s price is stuck between a $93,000 resistance and an $81,000 support level, a situation that has traders worried about the next move.

What Happened

On the week of December 17th, on‑chain data shows that Bitcoin is trapped in a fragile range. Excess overhead supply and rising loss‑realization pressure are keeping the price from moving higher, while demand cap recovery attempts have faded.

Why It Matters for Bitcoin

The tight range suggests a time‑driven market. Spot, futures and options positions all point to a continuation of the current battlefield, meaning volatility may stay low until a catalyst emerges.

U.S. Angle

U.S. investors are watching closely as the Federal Reserve’s policy decisions and upcoming CPI releases could influence the market’s direction. A Fed rate hike or a stronger‑than‑expected inflation reading might break the range, while a dovish stance could keep Bitcoin hovering.

What to Watch Next

  • Upcoming U.S. CPI data for December
  • Fed policy statements and minutes
  • Potential ETF approvals or regulatory updates
  • On‑chain supply metrics and loss‑realization trends

Start Here

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Source

Glassnode Insights – The Week Onchain, Week 50 2025