Bitcoin Stalls at $90,000 as Gold Hits New All-Time Highs
Bitcoin is trading near multiday highs around $90,000, with bulls and bears divided about its next move. Some traders expect a rally toward $94,500 or even $100,000 by year-end, while others warn of a potential drop to support in the $72,000–$73,000 region or as low as $60,000 in early 2026. Bearish sentiment remains strong, driven by continued US selling pressure as reflected in the negative Coinbase Premium, as well as a persistently low reading on the Crypto Fear & Greed Index (25/100, “extreme fear”). On-chain indicators, such as CryptoQuant’s Bull-Bear Market Cycle, also suggest ongoing bearish momentum and a slowdown similar to previous bear markets. Despite occasional sentiment improvements and some traders highlighting opportunities during extreme fear, overall market activity is subdued with no clear direction heading into the new year. Meanwhile, gold and silver are reaching all-time highs amid economic turmoil in Japan, contrasting with crypto’s muted performance. Broader investor skepticism and lack of decisive US buyer activity point to continued market indecision and potential volatility ahead.
