Bitcoin's price has been stuck in a narrow range of $81,000 and $93,000. The reason for this is a "supply wall" made up of long-term investors who bought when Bitcoin was between $93,000 and $120,000. They hold about 23.7% of the total amount of Bitcoin, and they are likely going to sell to get their money back if the price goes up. This means that Bitcoin can't really go up until these people sell to get back to even or make a profit.
The market is not trending, but rather consolidating. This means there's not enough demand coming from cash markets, and the price has been moving because of derivative markets. This makes Bitcoin's price stagnant, and it is creating confusion in the market, which also affects crypto adoption.
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Last updated
December 23, 2025
