Is Bitcoin Price Headed for a Relief Rally? Charts Have the Answer
The Bitcoin value has decreased by virtually 2% over the final 24 hours and is down practically 3% from yesterday’s peak. At first look, nothing about the value seems thrilling.
However, one thing beneath the chart, particularly on-chain, has modified for the first time in virtually three months, and one thing else modified this week. These two shifts don’t verify a rally as 2026 approaches, however they could be the first constructing blocks of 1.
A Momentum Shift Begins, however Needs Proof
Two alerts have appeared concurrently. They are separate, however the timing issues.
The first is the On-Balance Volume (OBV). OBV measures shopping for and promoting stress by way of quantity. Between December 21 and December 26, Bitcoin’s price trended higher. OBV didn’t observe. It made decrease highs. That is a bearish OBV divergence. It explains why the value failed to interrupt by way of (lengthy wick on December 26), as quantity didn’t accompany the minor value rise.
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This week, OBV broke above the pattern line that related these decrease highs. That breakout suggests stronger shopping for stress is forming. The sign shouldn’t be confirmed till OBV makes a larger high above 1.58 million. If that occurs, the Bitcoin price may lastly react. That has not occurred but.
The second sign comes from the Hodler web place change metric. This tracks wallets that maintain for longer than 155 days. They are the slowest movers in the market.
On December 26, this metric flipped constructive for the first time since late September. Long-term holders added 3,783.8 BTC. They don’t purchase for short-term strikes. They purchase for conviction. And that is the first time in virtually three months that conviction has proven up.
A aid rally wants each side. OBV should observe by way of. Hodlers should proceed including. One with out the different shouldn’t be sufficient.
The Bitcoin Price Map That Decides Year-End Or Early 2026
The Bitcoin price still has work to do. Price ranges inform the actual story.
Bitcoin has did not reclaim $90,840 for virtually two weeks. That stage rejected the value on December 12 and has blocked each try since. Until value clears that stage, each bounce feels momentary.
Above $90,840, the first actual aid rally checkpoint sits close to $97,190. The BTC value fell under that stage on November 14.
If the rally extends, $101,710 and $107,470 are the subsequent zones.
On the draw back, assist sits at $86,915. It has held since December 19. Losing it opens room to $80,560. Low year-end liquidity will increase that threat. For now, based mostly on how long-term traders are positioning, the Bitcoin value can try a aid rally towards $90,840 and even past if the assist at $86,910 holds.
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