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Bitcoin price rises again as holiday bull run begins

Bitcoin price rises again as holiday bull run begins

Bitcoin is firmly back above $91500. In the last 24 hours the entire crypto market gained more than $130 billion, pushing total capitalization once again comfortably exceeding $3.2 trillion.

The move feels almost seasonal: low holiday volumes often produce these calm, upward drifts, and today is no exception. Most traders are sitting on their hands until Sunday or Monday, treating the long weekend as a natural pause rather than a moment to force new positions.

Bitcoin Surges Past $91500 — Holiday Rally Kicks Off

Why the surge right now?

Pre-holiday pumps like this are almost tradition. Trading volume drops, big players step away for the long weekend, and price often makes a quiet but steady upward move. Most traders are staying patient and keeping powder dry until Sunday or Monday.

Key levels to watch in the coming days

Short-term traders are eyeing the $91000 – $92000 zone as potential near-term resistance. Many would actually welcome a healthy pullback toward $88000 — it would offer a much better risk-reward entry. Lower down, significant liquidity is stacking in the $85–86K area, exactly where the real fireworks could restart after the holidays.

Technical picture looks promising

On the 4-hour chart Bitcoin is forming a broadening descending wedge — a pattern that has repeatedly marked major bottoms in the past. A clean breakout and close above $100,000 would set the bulls up for an explosive December.

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New growth driver taking over

More and more analysts believe the classic four-year halving cycle is fading into the background. Global liquidity and fiscal policy are now the main forces moving Bitcoin. As long as central banks and governments keep the money flowing, risk assets — including BTC — continue finding strong support right when fear peaks.

Bottom line

The bounce is powerful, market structure is improving, and sentiment is unmistakably bullish. The post-holiday reaction at resistance will tell us whether six-figure Bitcoin arrives before the new year.

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