Bitcoin is hovering at ‘critical’ support level as analysts debate its next move

Bitcoin prices are stuck around the $90,000 support level, leaving analysts wondering where the price will go next.

Bitcoin has been trading in a very tight range around the $90,000 level this weekend, with a brief dip below in late trading on Saturday.

There have been a few potentially manipulated leverage flushes in recent weeks, but there is no clear direction for the asset. Bitcoin is at a “critical support level,” Alphractal CEO Joao Wedson noted on Saturday.

He cited the ‘Realized Cap Impulse’, which is testing a decisive region, ‘historically a zone that often precedes healthy declines’, before warning that ‘the demand must arise now’.

“If capital does not start flowing back, the Realized Cap will likely decline, increasing selling pressure and on-chain distribution, especially from more price-sensitive investors.”

🚨 Bitcoin with crucial support in the chain

The Realized Cap Impulse tests a decisive region – historically a zone that often precedes a healthy decline.

But in terms of the chain this means something very clear:
👉The question must arise now.

If capital doesn’t kick in… pic.twitter.com/YE4BJXHIZx

— Joao Wedson (@joao_wedson) December 13, 2025

A bearish consolidation pattern

“BTC is in a bearish consolidation pattern no matter how you frame it,” said analyst “Colin,” who added that we were “still waiting for BTC to make a decision and choose a direction, but it should be close.”

The analyst said a slump was the most likely outcome because “the trend tends to continue.”

“Potentially, the sooner we rip off the band-aid, the sooner we can make a juicy bounce. Going straight up from here would also be acceptable, but it seems less likely given the bearish continuation pattern.”

Meanwhile, Glassnode researcher “CryptoVizArt” said the current consolidation range is “generating a magnitude of stress comparable to the end of January 2022, with the relative unrealized loss approaching 10% of market capitalization.”

You might also like:

“This places the market in a regime where liquidity is limited and sensitivity to macro shocks is high, but still below the levels typically associated with complete bear market capitulation.”

The current consolidation range of $80,000 – $90,000 generates a magnitude of stress similar to that at the end of January 2022, with the relative unrealized loss approaching 10% of market capitalization.
This places the market in a regime in which liquidity is limited and sensitivity to macro shocks is increased,… https://t.co/PLxEusjkDm pic.twitter.com/CSakMTFU95

— CryptoVizArt.₿ (@CryptoVizArt) December 13, 2025

Is anyone bullish?

The majority of analysts were bearish this weekend, but some remained hopeful of a recovery.

‘Bitcoin is currently trading extremely correctly’ said analyst “Sykodelic” before adding that there were small pumps, sharp dumps, “looking for liquidity with no real direction.” The market needs to hit lows in the low $80,000s before a reversal occurs, they said.

“Overall, the market is telling us what we want to see for a bullish continuation into 2026, so while this low settles in, we just need some patience.”

BTC was trading flat at $90,300 at the time of writing, and as we’ve seen before, another Sunday Flush could be on the cards today.