Bitcoin risks return to low $80K zone next as trader says dip 'makes sense'
06.12.2025
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Bitcoin traders brought back sub-$90,000 BTC price targets amid ongoing weakness after a rejection at the yearly open capped potential upside.
BTC price bets refocus under $90,000
Bitcoin traders saw fresh downside at Friday's Wall Street open as $90,000 hung in the balance. BTC/USD was down nearly 2% versus Thursday's close after rejecting at the 2025 yearly open level the day prior. Market participants are now eyeing support retests further down.
- • Bitcoin edges closer to $90,000 with traders lining up lower BTC price targets next.
- • Liquidity conditions favor a sweep of bids as an initial move, analysis agrees.
- • Ichimoku Cloud signals point to a potentially bigger dip to come.
Trader Exitpump noted on X: 'Orderbook heatmap shows thin bid side with only reasonably large buy walls at 86K and below it. Thinking about slowly filling the gap and resetting OI which will be healthy for the upside.'
Crypto investor Ted Pillows flagged $90,000 as a critical liquidity zone: 'Bitcoin has 2 decent liquidity clusters right now. The upside liquidity is around the $94,500 level, while the downside liquidity is around the $90,000 level. IMO, a sweep of downside liquidity before reversal makes sense.'
IMO, a sweep of downside liquidity before reversal makes sense.
Pillows described current chart conditions as a 'one of those 'clean the lows then decide' setups.' Trader Daan Crypto Trades added: 'Ideally this doesn't lose that ~$88K region again on the higher timeframes.'
Bitcoin Ichimoku analysis points down
Trader Titan of Crypto used Ichimoku Cloud analysis to bring back levels closer to $80,000, noting potential support just below the current $83,900 local lows.
BTC took the previous weekly high and failed to break above the Kijun. A pullback toward the Tenkan from here makes sense. That's the key level to watch. If it cracks, next support sits around $83.9k.
#Cryptotrading#Cryptomarket Liquidity#Cryptocurrency market#Technical analysis#Bitcoin Technical Analysis
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