Bitcoin continues to trade near $85,000, maintaining a tight range for the past two weeks as volatility decreases. Analysts are closely monitoring for a potential breakout from this consolidation phase. The cryptocurrency has repeatedly rebounded from the $87,000 level, with technical indicators like the MACD showing a bullish golden cross. Market participants anticipate a possible rebound in January, driven by updates from the Federal Reserve chair and discussions on easing monetary policy. A live session on Tencent Meeting at 7 PM will provide further insights into the market outlook.