The post Bitcoin (BTC) Price Analysis for December 31 appeared on BitcoinEthereumNews.com. Bears have seized the initiative on the last day of the week, accordingThe post Bitcoin (BTC) Price Analysis for December 31 appeared on BitcoinEthereumNews.com. Bears have seized the initiative on the last day of the week, according

Bitcoin (BTC) Price Analysis for December 31

For feedback or concerns regarding this content, please contact us at [email protected]

Bears have seized the initiative on the last day of the week, according to CoinStats.

Top coins by CoinStats

BTC/USD

The rate of Bitcoin (BTC) has declined by 0.56% since yesterday.

Image by TradingView

On the hourly chart, the price of BTC is testing the local support at $88,073. If it breaks out, the correction is likely to continue to the $87,500 zone tomorrow.

Image by TradingView

On the longer time frame, none of the sides is dominating, as the rate of the main crypto is far from the main levels. The volume remains low, confirming the absence of bulls and bears’ strength. 

You Might Also Like

All in all, consolidation around current prices is the most likely scenario.

Image by TradingView

From the midterm point of view, the situation is similar. Neither buyers nor sellers have enough energy for a sharp move. In this regard, traders should not expect increased volatility anytime soon.

Bitcoin is trading at $87,986 at press time.

Source: https://u.today/bitcoin-btc-price-analysis-for-december-31

Market Opportunity
Bitcoin Logo
Bitcoin Price(BTC)
$67,901.9
$67,901.9$67,901.9
+1.02%
USD
Bitcoin (BTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Bitcoin ETFs Surge with 20,685 BTC Inflows, Marking Strongest Week

Bitcoin ETFs Surge with 20,685 BTC Inflows, Marking Strongest Week

TLDR Bitcoin ETFs recorded their strongest weekly inflows since July, reaching 20,685 BTC. U.S. Bitcoin ETFs contributed nearly 97% of the total inflows last week. The surge in Bitcoin ETF inflows pushed holdings to a new high of 1.32 million BTC. Fidelity’s FBTC product accounted for 36% of the total inflows, marking an 18-month high. [...] The post Bitcoin ETFs Surge with 20,685 BTC Inflows, Marking Strongest Week appeared first on CoinCentral.
Share
Coincentral2025/09/18 02:30
Kalshi debuts ecosystem hub with Solana and Base

Kalshi debuts ecosystem hub with Solana and Base

The post Kalshi debuts ecosystem hub with Solana and Base appeared on BitcoinEthereumNews.com. Kalshi, the US-regulated prediction market exchange, rolled out a new program on Wednesday called KalshiEco Hub. The initiative, developed in partnership with Solana and Coinbase-backed Base, is designed to attract builders, traders, and content creators to a growing ecosystem around prediction markets. By combining its regulatory footing with crypto-native infrastructure, Kalshi said it is aiming to become a bridge between traditional finance and onchain innovation. The hub offers grants, technical assistance, and marketing support to selected projects. Kalshi also announced that it will support native deposits of Solana’s SOL token and USDC stablecoin, making it easier for users already active in crypto to participate directly. Early collaborators include Kalshinomics, a dashboard for market analytics, and Verso, which is building professional-grade tools for market discovery and execution. Other partners, such as Caddy, are exploring ways to expand retail-facing trading experiences. Kalshi’s move to embrace blockchain partnerships comes at a time when prediction markets are drawing fresh attention for their ability to capture sentiment around elections, economic policy, and cultural events. Competitor Polymarket recently acquired QCEX — a derivatives exchange with a CFTC license — to pave its way back into US operations under regulatory compliance. At the same time, platforms like PredictIt continue to push for a clearer regulatory footing. The legal terrain remains complex, with some states issuing cease-and-desist orders over whether these event contracts count as gambling, not finance. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/kalshi-ecosystem-hub-solana-base
Share
BitcoinEthereumNews2025/09/18 04:40
Urgent Warning For US Banks To Avoid Payments Market Collapse

Urgent Warning For US Banks To Avoid Payments Market Collapse

The post Urgent Warning For US Banks To Avoid Payments Market Collapse appeared on BitcoinEthereumNews.com. Crypto Regulatory Clarity: Urgent Warning For US Banks
Share
BitcoinEthereumNews2026/03/09 12:02