Bitcoin is trading near $87,255, slipping 0.33% on the day as price action compresses inside a symmetrical triangle around the $86,700–$87,000 support band. Key resistance sits near $90,200, with upside targets mapped toward $92,200 and the $94,500–$95,000 zone if a breakout occurs, while a drop below $86,500 would weaken the bullish structure.

On 29 December 2025, Bitcoin was reported to be in a fragile phase as on-chain metrics signaled stalling liquidity. According to Alphractal and CryptoQuant, exchange inflows of USDC and USDT fell from roughly $136 billion in early autumn to around $70 billion, indicating weaker deployable capital.

On December 29, Bull Theory said on X that Bitcoin’s late-2025 consolidation resembles mid-2020, when gold and silver rallied first and capital rotated into crypto later. With BTC near $87,000 after an over 30% slide from an October peak above $126,000 and gold around $4,550, the analyst sees a potential multi-fold move into 2026.

Analyst Plan C, creator of the Bitcoin Quantile Model, has shared a new chart pack arguing that treating the current Bitcoin bull market as a repeat of past cycles could be a major error while BTC trades around $87,661. His framework highlights weak PMI-style business-cycle signals, persistent demand for hard assets such as gold, and quantile-based price bands that map potential paths between roughly $80,000 and $253,000 over 3-month and 1-year horizons. The charts also track Bitcoin’s performance versus gold and frame three macro regimes that could shape price action into 2026.

Strategy acquired 1,229 BTC during Dec. 22–28 for an aggregate $108.8 million funded by at-the-market equity sales, lifting its Bitcoin holdings to 672,497 BTC at a $74,997 average per coin. The firm recorded 41 purchase weeks in 2025, with major single buys of about 22,049 BTC, 21,021 BTC and 20,356 BTC earlier in the year.

Global macro analyst Luke Gromen reiterated in December 2025 that he remains bullish on currency debasement but is reducing near‑term Bitcoin risk. He told RiskReversal a move toward the $40,000 range in 2026 is possible, pointing to BTC’s underperformance versus gold, breaks below key moving averages, and market chatter around quantum computing.

On December 29, 2025, on-chain data from Glassnode indicated that Bitcoin wallets holding 1,000–10,000 BTC have been net accumulators as the price hovers in the $80k range, while holders with less than 1,000 BTC have been distributing. BTC traded at $87,738 and has ranged between $95k and $85k since the end of November.

Michael Saylor’s company Strategy, formerly MicroStrategy, acquired 1,229 BTC between December 22 and December 28, 2025 for about $108.8 million, lifting its holdings to roughly 672,497 BTC. The buy, funded through fresh share issuance, drew investor concern over dilution and came as both Bitcoin and Strategy’s stock finished 2025 near their lows.