Bitcoin Market Update and Setup Tuesday 12/16/2025
- Dec 16, 2025
- 2 min read
Bitcoin is trading indecisively, while Bitcoin dominance is slightly bullish.
For altcoins to regain momentum, we need to see clear weakness in Bitcoin dominance, specifically a sustained move below 59.00%. Today’s U.S. NFP data release will be a major catalyst and could determine the next directional move across the market.
Bitcoin is currently holding near the $86,000 support zone, where a potential double-bottom structure is forming.
A breakdown below this level would open the door to further downside toward $73,000, and sustained weakness could transition Bitcoin into a multi-month downtrend.
A bullish reversal, especially if supported by weaker labor data, could push Bitcoin back toward $93,000 and higher.
At this stage, patience is required as we wait for a higher-quality trade setup to emerge.
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