Movement

Bitcoin and select altcoins are attempting to start a recovery, but higher levels are expected to attract strong selling by the bears.

Ether rebounded 16% to reclaim $3,000 as whales accumulate heavily, exchange supply hits nine-year lows and network activity surges.

Bitcoin approached $90,000 amid Santa rally speculation, backed by bullish derivatives and chart patterns that target a BTC price above $100,000.

Bitcoin saw new warnings of a BTC price breakdown as gold and silver hit new all-time highs in the shadow of Japanese market instability.

Bitcoin price expectations diverged into the weekly close as $150,000 targets met calls for a drop to levels not seen in over a year.

Bitcoin reached significant multiyear support versus gold as commentary diverged over a breakdown and the start of a new bear market.

Bitcoin continued to sell near $90,000 as investors reacted to weak US jobs data and slowing economic growth by shifting into safer assets.

Bitcoin and several major altcoins are attempting to start a recovery, but negative investor sentiment and selling at range highs are preventing a stronger bull trend from forming.