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Bitcoin price action approaches triangle breakout BTCUSD / Bitcoin (BTC or XBT), often nicknamed “Digital Gold,” is the world's leading cryptocurrency forex pair, symbolizing the exchange rate between Bitcoin and the US Dollar. As a high-volatility asset driven by both macroeconomic news and blockchain-specific developments, BTC/USD remains a central figure in global financial markets. From a fundamental perspective, December 31st, 2025 brings no impactful U.S. economic releases, with key data such as jobless claims, API, EIA oil and natural gas inventories scheduled for early January 2026. This absence of fresh macro catalysts today implies that BTCUSD’s short-term price action will likely be shaped by technical movements, year-end portfolio rebalancing, and thin holiday liquidity. Traders are positioning ahead of potential early 2026 volatility driven by labor market data and energy stock reports, both of which can sway risk sentiment and the USD's strength, indirectly influencing crypto market behavior. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. On the BTC-USD 4-hour chart, Bitcoin price action is consolidating within a symmetrical triangle, defined by a series of lower highs and higher lows, gradually compressing towards the apex near $88,342. Bollinger Bands (20, 2) are visibly tightening, suggesting an upcoming volatility spike as the price tests the triangle's convergence zone. The broader trend remains bearish, with Bitcoin correcting upward after testing the $80,000 support zone in early December. Despite intramonth rallies reaching as high as $94,000, bullish momentum has repeatedly failed to break the downtrend resistance. The Williams %R (14) oscillator is currently at -53.43, placing it in a neutral zone, reflecting indecision and a lack of momentum. This final technical setup for 2025 presents a critical inflection point — a breakout above the triangle could initiate a bullish reversal, while rejection may push BTCUSD back toward the $83K–$80K support levels. As the crypto market prepares for a new year, we wish all traders and investors a successful and prosperous 2026 filled with clarity and profitable decisions. •DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes. Capitalcore
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