Price Predictions 12/24: Btc, Eth, Bnb, Xrp, Sol, Doge, Ada, Bch,...

Bitcoin and several major altcoins turned down from their overhead resistance levels, signaling that the bears continue to sell on rallies.

Bitcoin’s failure to sustain above $90,000 indicates a negative sentiment, where rallies are being sold into.

Several major altcoins threaten to break below their recent lows.

Bitcoin (BTC) has dipped back below $87,000, indicating a lack of demand at higher levels. Glassnode said in a post on X that the 30-day simple moving average of net flows into BTC and ETH exchange-traded funds has turned negative, signalling:

Along with institutional investors, participation by retail and short-term traders has also reduced. CryptoQuant data shows that the 30-day SMA of active addresses has declined to 807,000, its lowest level in the past year.

In addition, the 30-day SMA of Binance depositing and withdrawing addresses shows a drop to annual lows, indicating a market stalemate.

BTC neither saw a blow-off top in 2025 nor a sharp 70% or 80% drawdown. Entrepreneur Anthony Pompliano said in an interview on CNBC that some investors are disappointed that BTC did not soar to $150,000 or higher. However, they have to remember that BTC is up 300% in three years.

What are the crucial support levels to watch out for in BTC and major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Buyers pushed the price above the 20-day exponential moving average ($88,850) on Monday, but the long wick on the candlestick shows selling at higher levels.

The bears will attempt to pull the price to the crucial support at $84,000, which is likely to attract buyers. If Bitcoin’s price turns up from $84,000 and breaks above the 20-day EMA, it suggests a possible range formation in the near term. The BTC/USDT pair could swing between $84,000 and $94,589 for some time.

Source: CoinTelegraph