Bitcoin Price Prediction. Options Expiry Nears As Price Compresses Below Key Fib Resistance
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- BTC remains capped below the 0.382 Fib near $90,700, keeping rallies corrective.
- EMA stack and descending trendline continue to reinforce seller control.
- December 26 options expiry may trigger volatility as gamma pressure fades.
Bitcoin price today trades near $87,400 after another failed attempt to reclaim short-term resistance. Price remains pinned beneath a descending trendline and key Fibonacci retracement levels, keeping sellers in control as December 26 approaches. With major options expiry hours away, the market is tightening rather than breaking.
Fibonacci Levels Define The Battleground
On the daily chart, Bitcoin continues to respect the November breakdown structure. Price remains below the 0.382 Fibonacci retracement near $90,700 and well under the 0.5 level at $93,800. These levels capped every recovery attemp…
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