Why is Bitcoin price today rangebound near $87,000?

Holiday liquidity is thin, metals are attracting haven flows, and momentum is mixed. RSI sits below 50, MACD is negative, and price is pinned between Bollinger mid and lower bands. This combination limits breakouts and supports two-way trade until a clear catalyst lifts demand or pushes price through key levels.

What levels matter most for traders watching Bitcoin price today?

The Bollinger mid-band near $89,354 acts as a near-term bias line. The 50-day average around $91,712 is initial resistance, while the lower band near $84,496 is support. A daily close above the mid-band improves momentum, while a break below $84,500 opens room toward recent swing supports.

How does the gold rally affect the crypto market today?

A stronger gold and silver bid often reflects a preference for safety. That can reduce risk appetite for crypto short term, keeping ranges tight and breakouts harder to sustain. It does not change long-term theses, but it can shift near-term flows away from higher-volatility assets like Bitcoin.

Is a January bounce likely for BTC after year-end?

Some strategists see scope for a rebalancing bid as funds add to laggards after strong equity gains. If flows arrive, we could see better dip support and a push toward the 50-day average. Wait for confirmation through stronger breadth, higher volume on up days, and momentum gauges turning higher.

Global Market Insights

BTCUSD Today, December 28: Rangebound near $87K as metals surge

ByHuzaifa Zahoor December 28, 2025December 28, 2025

Bitcoin price today is holding around the $87,000 mark, with BTCUSD trading in a tight band into year end while metals surge. Spot action stays range-focused as traders weigh haven flows and reduced holiday liquidity. Intraday ranges and momentum readings point to a market waiting for a catalyst. We outline the key levels, how the gold rally shapes risk appetite, and a practical playbook for January flows that Australian investors can use now.