Bitcoin's Coiled Spring: Ready to Moon or Faceplant Into $65K?
Bitcoin's Coiled Spring: Will the $91K Breakthrough or MicroStrategy Drama Decide Its 2026 Fate?
As the final trading days of 2025 unfold, Bitcoin is staging a quiet but intriguing comeback, flirting with the $90,000 mark after a year that delivered more plot twists than blockbuster predictions. On December 22, the world's leading cryptocurrency traded around $89,000 to $89,900, posting modest gains of about 1-2% amid thinning holiday liquidity. It's a far cry from the euphoric forecasts of $200,000-plus that dominated headlines earlier this year, yet this stubborn hold above key levels has analysts whispering about a potential "coiled spring" setup heading into 2026.
MarketGauge.com chief strategist Michele Schneider captured the sentiment perfectly in a recent Yahoo Finance appearance, noting that Bitcoin is "trying to scrape our way back" over its 200-day moving average. She pegged a sustained move above $91,000 as the threshold that would deliver a genuine "sigh of relief" for bulls, signaling stabilization and possible upside momentum. Fall below $85,000, however, and trouble could brew quickly. Schneider's technical read aligns with broader chart analysis, where the 200-day SMA hovers in the upper $88,000s to low $90,000s range, making the current price action a classic test of conviction.

