Bitcoin (BTC) Breakdown or Breakout Imminent: Which Way Will Price Go?

Source: CryptoDaily Original Title: Bitcoin (BTC) Breakdown or Breakout Imminent: Which Way Will Price Go in December? Original Link: https://cryptodaily.co.uk/2025/12/bitcoin-btc-breakdown-or-breakout-imminent-which-way-will-price-go-in-december Bitcoin (BTC) price is approaching the apex of a wedge formed by the downtrend line and the major ascending trendline. If it breaks up, the bull market may still have life left, while if it breaks down, a potential bear market could follow.

Max one week left in falling wedge - up or down next?

A breakout or breakdown will likely occur by the end of next week for the BTC price. Historically, Bitcoin doesn’t usually wait until the ends of triangles and wedges before making its move.

If the price falls out of the wedge and confirms below, this would signal that Bitcoin is in a bear market since the $126,000 all-time high. Conversely, if the price breaks out of the top of the wedge and confirms above, the bull market may still have potential. However, even in this case, bulls would need to accomplish much for real conviction to return to the market.

Currently, in the short timeframe, BTC price is holding up relatively well. If the current reversal came down to the $90,000 horizontal support or the descending trendline, a bounce could occur from either level. At this point, a breakout appears more likely than a breakdown.

Next bounce could be the one

The daily chart shows the falling wedge in its entirety. The descent to around $80,000 provided the extra touchpoint to validate the wedge. Now it remains for a break to either the up or downside. Given the importance of the major ascending trendline, this is more likely to win than the top trendline of the wedge pattern.

The BTC price may come down further, but once the next bounce materializes, this could be the one that takes price out of the top of the wedge. The MACD reveals the lowest descent for the indicator line in Bitcoin history. Now that it’s ascending with a green histogram, it may stay this way for an extended period.

$94,000 is the major resistance level

The weekly timeframe is still looking favorable for the bulls, even though the cliff edge isn’t far away. The candle wick underneath the last red candle body is notably long and compares favorably with previous big pattern wicks. They demonstrate how strong buying came in once the price reached what the market considered a bottom.

At current levels, the $94,000 horizontal resistance represents the major level that BTC price needs to break above. The MACD shows the indicator and signal lines are falling, but the most recent histogram bar has changed to pink from red. Could this be the first signal that conditions are about to shift back in favor of the bulls?