empty
 
 
31.12.2025 06:27 AM
Trading Signals for BITCOIN for December 30-31, 2025: buy above $87,500 (21 SMA - 2/8 Murray)

This image is no longer relevant

Bitcoin is trading around $88,635 within the uptrend channel formed since December 18, above the 2/8 Murray and the 21 SMA with a slightly bullish bias but showing signs of a technical reversal.

If Bitcoin consolidates above $87,500 in the coming hours, it is expected to continue its bullish cycle and could reach the 200 EMA around $89,818 and finally reach the top of the uptrend channel around $92,350.

A sharp break above the uptrend channel could allow Bitcoin to accumulate a more sustained recovery, and we could expect it to reach Murray's 3/8 around $93,750. Eventually, Bitcoin is expected to reach the psychological level of $100,000 in the coming weeks.

Conversely, if Bitcoin consolidates below $87,500, the outlook could be negative, and it could quickly reach 1/8 of Murray around $81,250.

The Eagle indicator is approaching overbought levels, so we must be careful if the price is hovering around $92,000, as a technical correction could occur below this zone.

Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Dimitrios Zappas
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback