Bitcoin Eyes $90K as “Santa Rally” Talk Returns

[madmax]

BTC/USD daily chart. Source: Cointelegraph/TradingView

Bitcoin surged to $89,850 during early Asia trading on Monday, up 6.5% from recent lows, as analysts eye potential gains heading into the holiday season.

Short liquidations are dominating, providing tactical fuel for the bulls.

Key support at $84,000 must hold for a sustained recovery.

Some traders are optimistic about targets toward $100K–$120K, while others caution the market could retrace to $70K.

The stage is set for a festive BTC push, but analysts remain divided on whether history will repeat or reward early Christmas buyers.

[JanEmil]

Fine with me. Push.

[Capybara_Capybara]

$84k holds → let it cook.

[The_Walking_Dead]

Shorts are the fuel, not the destination.

[Revenant]

Holiday pump loading… cautiously.