Bitcoin is consolidating around $88,000 as traders anticipate the U.S. GDP report due on December 24. The Q3 GDP is projected to show a 3.2% annualized growth, potentially influencing market sentiment. Key support for Bitcoin is identified at $87,000, while resistance is noted between $89,500 and $90,000. A breakout above $93,000 could propel Bitcoin towards the $100,000 mark. Market participants are bracing for potential volatility following the GDP data release.