#BitcoinPriceWatch

Bitcoin entered December with a decline of more than 5 percent, falling to the level of 86,000 USD. This movement occurred due to algorithmic position resets and low liquidity. In particular, the decrease in buying volume by large investors (whales) and the increasing interest of retail investors indicate a significant change in market structure.

Technical Outlook
Support Level: 86,000 USD is seen as a critical threshold. If this level cannot be maintained, the price may fall to the 83,000–85,000 USD range.
Resistance Level: If recovery begins, the first target could be 93,000 USD, followed by 100,000 USD.
Trading below EMA50 shows that short-term negative pressure continues.
The RSI indicator is trying to exit the oversold zone, which may signal a potential recovery.

Investor Behavior
Whales have retreated, reducing positions and weakening market stability.
Retail investors are active, increasing buying interest, which may trigger volatility.
Algorithmic resets at the beginning of the month caused the sudden decline.

Macro Effects
The decline in the crypto market also reduced risk appetite in traditional markets. Selling pressure was observed especially in high beta stocks.
Inflation expectations and hopes for interest rate cuts are reshaping investor strategies.

Summary
Bitcoin is currently at a critical technical and psychological threshold. If the 86,000 USD level is maintained, targets of 93,000 and 100,000 USD may come back into focus in December. However, low liquidity and changes in investor behavior show that caution is required.