Main Highlights:
Bitcoin is experiencing considerable selling pressure at the beginning of the week, with some analysts predicting a decline to as low as $50,000.
Multiple altcoins have retreated from their upper resistance levels and are at risk of falling below their support zones.
Bitcoin (BTC) kicked off December on a weak note, indicating that sellers are still holding their ground. Trader Peter Brandt noted on X that BTC’s chart indicates support within the sub-$70,000 to mid-$40,000 range.
Another cautious analyst is network economist Timothy Peterson. Based on data Peterson shared on X, BTC’s performance in the latter half of 2025 closely resembles that of the second half of 2022. If this pattern holds, a significant rally may not occur until well into Q1 of next year.
A small positive aspect for bulls is that crypto exchange-traded products saw inflows of $1.07 billion last week, breaking a four-week losing streak, as per CoinShares data. This indicates demand at lower price levels.
Will BTC and major altcoins retain their support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
S&P 500 Index Forecast
The S&P 500 Index (SPX) surged above the moving averages on Tuesday and continued its recovery above the resistance line on Friday.
The bulls are anticipated to face substantial selling near the 6,920 level. A downturn from this resistance, alongside a breach of the moving averages, could indicate a range formation. The index may then consolidate between 6,550 and 6,920 over time. If sellers push the price below 6,550, they will regain control.
Conversely, a break and close above the 6,920 resistance would signal the continuation of the uptrend, potentially pushing the index to 7,000 and subsequently to 7,300.
US Dollar Index Forecast
The US Dollar Index (DXY) declined from the 100.50 resistance and fell below the 20-day exponential moving average (EMA) (99.57) on Wednesday.
The immediate downside support is at the 50-day simple moving average (SMA) (99.05). A rebound from this level would see bulls attempt to breach the 100.50 resistance. If successful, the index could rally toward the 102 level.
Alternatively, a break and close below the 50-day SMA would suggest that bulls are losing momentum, possibly leading to a drop to 98, indicating potential consolidation between 96.21 and 100.50.
Bitcoin Price Forecast
BTC sharply declined on Monday after failing to surpass the 20-day EMA ($91,999) in recent days.
Should Bitcoin close below $84,000, the BTC/USDT pair might drop to $80,600. Buyers are predicted to staunchly protect the $80,600 to $73,777 zone. To signal strength, bulls must push the price above the 20-day EMA, allowing for a potential rally toward the 50-day SMA ($101,438).
In contrast, if the $73,777 support fails, selling pressure could increase, risking a drop to $54,000.
Ether Price Forecast
Ether (ETH) declined from the 20-day EMA ($3,052) on Sunday, suggesting negative sentiment with traders selling during rallies.
Bearish pressure will aim to push Ether below the $2,623 level, initiating the next phase of the downtrend. Should this occur, the ETH/USDT pair could fall to $2,400 and then to $2,111.
Bulls will need to keep the price above the 20-day EMA to indicate strength, with the possibility of a rally to the breakdown level of $3,350, a key resistance for bears.
XRP Price Forecast
XRP (XRP) declined from the 20-day EMA ($2.18) on Sunday, signaling a retreat from the bulls.
The XRP/USDT pair may fall to the descending channel pattern’s support line, where buyers are expected to step in. A sharp uptick from this support and a break above the 20-day EMA would indicate the pair may remain within the channel for an extended period.
Conversely, a break and close below the support line opens the door for a decline to the $1.61 support. Buyers are anticipated to defend this $1.61 level vigorously, as a breach could result in a drop to $1.25.
BNB Price Forecast
BNB’s (BNB) recovery stalled at the 20-day EMA ($894), suggesting that sellers are still active at higher levels.
Sellers are attempting to drive the BNB price below the November 21 low of $790. If successful, the BNB/USDT pair could resume its downtrend toward the target of $730.
On the other hand, if the price rises and breaches the 20-day EMA, it signals that bulls are buying at lower prices, and the pair could rally toward the 50-day SMA ($999), where sellers are expected to return.
Solana Price Forecast
Solana (SOL) declined from the 20-day EMA ($140) on Sunday and is at risk of sliding below the $126 support.
If the price remains below $126, the SOL/USDT pair could drop to $110 and subsequently to strong support at $95.
This negative outlook will be invalidated if the price jumps sharply and breaks above the 20-day EMA. In that case, Solana’s price could rise to the 50-day SMA ($163), where bears are likely to mount a strong defense. A close above the 50-day SMA would signal a beginning of a new upward trend.
Related: BTC price falls below $84K as Bitcoin encounters a ‘decisive’ week for the 2025 candle
Dogecoin Price Forecast
Dogecoin’s (DOGE) inability to surpass the 20-day EMA ($0.15) recently shows that sellers are still in control.
Sellers are attempting to strengthen their position by pushing the Dogecoin price below the $0.13 support. If successful, the DOGE/USDT pair may drop toward the Oct. 10 low of $0.10.
Time is running out for the bulls; they need to quickly elevate the price above the 20-day EMA to indicate a recovery. The significant range of $0.14 to $0.29 could return into play if buyers can lift the pair above the 50-day SMA ($0.17).
Cardano Price Forecast
Bears are making attempts to initiate the next downward phase below the $0.38 support level in Cardano (ADA).
If the price settles below $0.38, the ADA/USDT pair could drop to the Oct. 10 low of $0.27. Buyers are expected to robustly protect the $0.27 level, as a breakdown could lead to a decline to $0.23.
The 20-day EMA ($0.45) remains a crucial overhead resistance level in the short term. If the price breaks and closes above this EMA, it indicates a reduction in selling pressure. Buyers must drive the Cardano price above the 50-day SMA ($0.55) to suggest that the downtrend may be ending.
Bitcoin Cash Price Forecast
Buyers attempted to elevate Bitcoin Cash (BCH) above the $568 resistance on Sunday, but sellers maintained their stance.
The continued struggle to overcome this resistance heightens the risk of dropping below the 50-day SMA ($514). If that occurs, the BCH/USDT pair could slide to robust support at $443.
The flattening moving averages and RSI just below the midpoint may indicate a potential consolidation in the short term. Buyers must push the Bitcoin Cash price above $568 to retain the upper hand. This could lead to a rally toward $615.
This article does not constitute investment advice or recommendations. All investments and trading activities involve risk, and readers should do their own research when making decisions.
