Bitcoin Slightly Corrects In Early December, But There's An Opportunity To Achieve New Record

JAKARTA - Bitcoin was under pressure throughout November. Starting in December, Bitcoin is perched at the level of 87.320 US dollars equivalent to IDR 1.45 billion, down 4.30% in the last 24 hours.

Crypto analyst through his X account @CryptoFaibik said that the wedge-shaped descent pattern began to form on the four-hour Bitcoin graph.

He explained that currently, buyers are still having difficulty breaking the resistance level above 93,000 US dollars (Rp1.55 billion), which is the main barrier to upward movement.

If there is a firm gust and strong consolidation above that level, he added, there will be a great opportunity for the price of Bitcoin to hit a new record of 100,000 US dollars (Rp1.67 billion).

Bitcoin supporters are still struggling to reclaim the resistance zone 93k. Once they penetrate and stay above it, the next main obstacle is the 100k level," he said on X.

The analyst stressed that all these obstacles must be overcome so that bullish sentiment can be reformed.

"Through these main levels of resistance, it is very important for the bulls to get their full momentum back," he said.

Beyond the short-term technical pattern, Tokocrypto also highlighted macro conditions that could affect BTC movements throughout December 2025, including:

For this December period, the market sees two key levels that are the limit for Bitcoin movement. The support area is around US$80,400 (Rp1.34 billion), which is seen as an important price floor if the selling pressure continues.

Meanwhile, the main resistance level was at 97,100 US dollars (Rp1.61 billion) which had to be convincingly penetrated to open up opportunities for a return to the 100,000 US dollar area (Rp1.67 billion).