On December 5, the Bitcoin trading market once again entered a tug-of-war between bulls and bears. Gate data shows that the Bitcoin price briefly fell below the $91,000 mark that day, dropping 1.87% over the past 24 hours.
The real question investors face is whether this price correction is a healthy pullback within a long-term uptrend, or the beginning of a larger downward move.
01 Market Overview
According to data from financial media outlets such as Eastmoney and Cailian Press, Bitcoin experienced significant price volatility on December 5, 2025.
Market data indicates that Bitcoin’s price briefly dipped below $91,000 that day, with a 1.87% decline over the past 24 hours.
The market saw a modest rebound afterward. As of this writing, Bitcoin’s loss narrowed to 1.2%, with the price quoted around $92,300.
This price movement occurred as the market awaited the release of US PCE inflation data—a key metric closely watched by the Federal Reserve. The results will directly impact the December interest rate decision.
02 In-Depth Price Analysis
Bitcoin’s price currently sits at a critical technical crossroads. According to Brave New Coin analysis, Bitcoin is testing a key resistance range between $93,000 and $94,000.
Traders generally believe that a decisive breakout and sustained hold above this area would pave the way for Bitcoin to retest the $100,000 milestone. Conversely, if the resistance holds, the price could retreat below $90,000.
From a technical perspective, TradingView analyst FlorinCharts outlined two possible scenarios. In the first, Bitcoin faces rejection at the key resistance zone, with prices potentially pulling back to the $85,000–$92,000 range.
In the second scenario, Bitcoin decisively breaks through resistance and continues advancing toward the $120,000–$128,000 area.
According to Huobi Growth Academy’s analysis, Bitcoin’s previous sharp correction saw prices drop to $80,000, sparking widespread panic and triggering forced liquidations of high-leverage positions.
03 Bull vs. Bear: Two Sides of the Market
The bullish camp views the current Bitcoin adjustment as healthy. Recent market data shows that roughly $400 million in short position liquidations fueled an 11% rebound from November’s lows, signaling increased institutional participation and rising flows related to Bitcoin ETFs.
On the macro front, expectations for a rate-cutting cycle by major central banks have strengthened. Anticipation of marginal improvements in liquidity has brought renewed attention to risk assets. According to the latest CME FedWatch data, the probability of a 25-basis-point Fed rate cut on December 10 surged from 35% a week ago to 89.2%.
Bears, meanwhile, remain cautious. They point out that the $93,000–$94,000 resistance zone has repeatedly triggered price reversals.
Additionally, if US PCE inflation data comes in higher than expected, stagflation could drive up US Treasury yields, weaken rate-cut expectations, and prompt short-term capital to flow into low-volatility assets.
04 Trading Strategies: Key Support and Resistance Levels
For investors seeking opportunities in the current market environment, it’s essential to monitor critical technical levels. According to analysts, Bitcoin’s short-term key resistance lies in the $93,800–$95,400 range.
If the US PCE data is dovish, Bitcoin could quickly test these resistance levels. On the other hand, major support is found near $90,700 and $89,000.
Regarding the long-term trend, Huobi Growth Academy notes that a breakout above key resistance, supported by strong trading volume, could usher in a new phase of market momentum. Conversely, if the rebound lacks strength or macro pressures intensify, the price may revisit the lower range for another test.
05 Trading Environment and Platform Selection
In such a highly volatile market, 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.
Of this, the BTC/USDT trading pair accounted for $1.065 billion in 24-hour volume, representing 94.83% of the total.
As a global leader in digital asset trading, Gate’s BTC/USDT order book depth hit $128 million in Q1 2025—42% higher than mainstream competitors.
The platform utilizes cold and hot wallet isolation technology and can process up to 18 million transactions per second. During extreme market conditions, Gate’s BTC spread remained stable at $0.03, far below the industry average of $0.20.
The platform supports over 2,500 tokens year-round, spanning 12 sectors including DeFi, Meme, RWA, and AI, accounting for 29% of global new asset issuance.
Outlook
As Bitcoin fluctuates around $92,300, the market is closely watching the US PCE inflation data. This data will not only influence the Federal Reserve’s December rate decision but could also be the key factor determining Bitcoin’s next move.
Traders’ charts show resistance remains firm in the $93,000–$94,000 range, while support at $89,000–$90,700 awaits a test below.
The crypto market has never been more sensitive—every data release can act as a lever moving trillions of dollars in assets. The market’s answer will come soon.
