Bitcoin Falls Below $91,000: A Great Buying Opportunity or a Continuation of the Downtrend?

On December 5, the Bitcoin trading market once again showed a stalemate between bulls and bears. Gate data shows that the price of Bitcoin briefly fell below the $91,000 mark that day, dropping 1.87% in the past 24 hours.

The real question investors face is: Is this price correction a healthy pullback within a long-term uptrend, or the start of a larger downward move?

01 Market Status

According to data from financial media such as Eastmoney and CLS, Bitcoin experienced significant price fluctuations on December 5, 2025.

Market data shows that the price of Bitcoin briefly fell below the $91,000 mark that day, dropping 1.87% in the past 24 hours.

The market then saw a slight rebound. As of press time, Bitcoin’s decline had narrowed to 1.2%, quoted at around $92,300.

This price volatility occurred at a key time while the market awaits the release of US PCE inflation data. PCE inflation data is the Fed’s most closely watched price indicator, and its results will directly affect the December interest rate decision.

02 In-depth Price Trend Analysis

Bitcoin’s current price is at a critical technical crossroads. According to Brave New Coin analysis, Bitcoin is testing the key resistance area of $93,000 to $94,000.

Traders generally believe that a successful breakout and consolidation above this area will open the way for Bitcoin to retest the $100,000 mark. Conversely, if suppressed by the resistance zone, the price could fall back below $90,000.

From a technical perspective, TradingView analyst FlorinCharts identified two possible technical scenarios. The first scenario is Bitcoin being rejected at the key resistance zone, causing the price to fall back to the $85,000 to $92,000 range.

The second scenario is Bitcoin strongly breaking through the resistance zone and continuing toward the $120,000 to $128,000 range.

According to Huobi Growth Academy, Bitcoin’s previous sharp correction once drove the price down to $80,000, triggering widespread panic and forced liquidation of high-leverage positions.

03 Bull vs Bear: Two Sides of the Market

The bullish camp believes the current Bitcoin adjustment is healthy. Recent market data shows that about $400 million in short liquidations drove Bitcoin to rebound 11% from its November lows, indicating increased institutional participation and growing inflows related to Bitcoin ETFs.

On the macro front, expectations for a major central bank rate-cutting cycle have intensified, and anticipation of marginal liquidity improvement has brought renewed attention to high-risk assets. According to the latest CME FedWatch data, the probability of a 25 basis point Fed rate cut on December 10 has soared from 35% a week ago to 89.2%.

The bearish side remains cautious. They point out that the resistance zone at $93,000 to $94,000 has triggered multiple price reversals.

In addition, if US PCE inflation data comes in higher than expected, stagflation could push up US Treasury yields, weaken rate cut expectations, and trigger a short-term flow of funds into low-volatility assets.

04 Trading Strategies: Key Supports and Resistances

For investors looking for trading opportunities in the current market environment, key technical levels are worth close attention. According to analysts, Bitcoin’s key short-term resistance is concentrated in the $93,800 to $95,400 range.

If the US PCE data leans dovish, Bitcoin may quickly test these resistance levels. On the other hand, major support levels are near $90,700 and $89,000.

In terms of long-term trends, Huobi Growth Academy points out that if the price breaks through key resistance with strong volume, the market could enter a new trend phase. Conversely, if the rebound is weak or macro pressures increase again, we may see a retest of the bottom range.

05 Trading Environment and Platform Selection

In such a highly volatile market environment, choosing an efficient and reliable trading platform is crucial. Data shows that as of October 11, 2025, Bitcoin ranked first in 24-hour trading volume on Gate, reaching $1.123 billion.

Among them, the BTC/USDT trading pair’s 24-hour volume reached $1.065 billion, accounting for 94.83% of total trading volume.

As a leading global digital asset trading platform, Gate’s BTC/USDT order book depth in Q1 2025 reached $128 million, 42% higher than mainstream competitors.

The platform uses hot and cold wallet isolation technology and can process 18 million transactions per second. In extreme market conditions, Gate’s BTC price spread remains stable at $0.03, far below the industry average of $0.2.

The platform supports over 2,500 tokens throughout the year, covering 12 sectors including DeFi, Meme, RWA, AI, etc., accounting for 29% of new global asset issuance.

Outlook

As Bitcoin fluctuates around $92,300, the market is closely watching US PCE inflation data. This data will not only influence the Fed’s December rate decision, but may also be the key factor in Bitcoin’s next move.

Traders’ charts show the $93,000 to $94,000 resistance zone remains solid, while the $89,000 to $90,700 support area awaits testing.

The crypto market has never been more sensitive—every data release could become a lever moving trillions of dollars in assets. The market will soon provide the answer.