Bitcoin is continuing to move in a tight sideways range, with no clear signal yet that a strong new trend has started. On the daily chart,analysts say Bitcoin remains capped below a major resistance zone between $91,000 and $95,500, an area that has repeatedly rejected price over the past few weeks.
This resistance is likely to stay important through the coming weeks and possibly into the first quarter. Bitcoin briefly tested this zone recently but failed to push higher, reinforcing the idea that buyers still lack strength.
