New Bitcoin Price Prediction as BTC Struggles at $92K Level
Bitcoin is slipping after a surge to $94,000, and it may have trouble moving much past $100K before 2026.
Quick overview
- Bitcoin has climbed past $90K, currently sitting at $91,010, but faces bearish pressure after a brief surge to $94K.
- Investors are concerned about Bitcoin's ability to reach new highs by the end of the year due to various hindering factors.
- Many whale investors sold their Bitcoin holdings in 2025, contributing to the current bearish sentiment in the market.
- Future market movements may depend on upcoming economic data and Federal Reserve decisions, but confidence in a year-end surge remains low.
Bitcoin finally climbed past $90K and is currently sitting at $91,010 (BTC/USD), but where does the cryptocurrency token go from here after weeks of bearish trends?
BTC moved as high as $94K this week and then backpedaled. The coin only briefly surged, but selling pressure was too high, and it is bearish once more. Should investors worry that Bitcoin may not reach a new high by the end of the year?
BTC/USDThere is one Bitcoin model that suggests the token should be close to $190K at this point in the year, but Bitcoin has been hit by hindering factors all year long, including high tariffs, Middle East conflict, a volatile stock market, and a lack of interest in cryptocurrency as a whole.
Bitcoin’s Investors Left in Droves in 2025
Why did so many Bitcoin account holders dump their coins this year? Many of them were whale investors who purchased their coins in 2025 but experienced extreme selling pressure and jumped ship. As Bitcoin struggled to maintain a high level, investors bailed, with numerous whales dumping their coins in November.
It appeared that investors were not willing to wait out the coin’s climb back up to tis October record high. Now, bitcoin faces incredible pressure from the bear market, as Bitcoin is underperforming compared to many of its rivals, like Ethereum (ETH) and Tron (TRX).
Bitcoin dipped to $83K at the start of the week, beginning December on a low note. Now that it has climbed above the $90K resistance level, however, its forward path has changed. There is room for the coin to make back some of its gains before the end of the year, but overall sentiment toward Bitcoin and the crypto market would have to change.
The market could be helped along over the next few days by Friday’s inflation data, the Federal Reserve policy decision on Wednesday, and the employment data late next week. If these factors work in Bitcoin’s favor, we could see a surge to $100K, and a move above that level would signal improved investor sentiment.
But looking at Bitcoin’s recent performance, we are doubtful the coin can hit a new high by the end of the year. It may surpass the $100K level and sit just above there as 2026 rolls in. The coin has simply struggled too long below that critical level to inspire much confidence in a year-end surge.
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