This content is provided by a sponsor. PRESS RELEASE. Abu Dhabi, UAE – The 
Global Blockchain Show Abu Dhabi 2025, which was organized by VAP Group and 
powered by Times of Blockchain, held from December 10-11, 2025, at Space42 
Arena, Abu Dhabi, achieved the goal of being a leading platform that 
influences the worldwide blockchain […]

Global Blockchain Show Abu Dhabi 2025 Concluded as a Landmark Gathering Shaping the Future of Web3 and Digital Economies

As the crypto market recovers from the latest pullback, Bitcoin (BTC) is 
attempting to bounce from its one-month low. Some analysts have warned that 
the correction has left the cryptocurrency in a &#8220;fragile position&#8221; that 
resembles the start of the previous bear market. Related Reading: XRP At 
‘Critical Inflection Point’: Analyst Signals Major Expansion If This Level 
Holds Bitcoin Risks 2022-Like Correction On Sunday, Bitcoin saw a 3.6% 
intraday decline, closing the day below its yearly opening for the first time. 
Since November, the flagship crypto has been hovering between $86,000-$93,500 
in the weekly timeframe, failing to turn the range’s resistance into support 
despite multiple attempts. During the early January breakout, BTC climbed 
11.5% from its $87,600 2026 opening price, reaching a two-month high of 
$97,924 nearly two weeks ago. Since then, the cryptocurrency has erased all 
its recent gains, diving below this key area and closing the week at the base 
of its range. Amid this performance, Market observer Philarekt affirmed that 
Bitcoin is repeating its 2022 playbook, highlighting the similarities between 
the leading crypto’s performance at the start of the last bear market and its 
current price action. As the chart shows, the cryptocurrency formed a bear 
flag pattern after the initial drop from its cycle top of $69,000. At the 
time, the cryptocurrency tested and rejected the 100-day Moving Average (MA), 
leading to a pullback towards the pattern’s lower boundary. This was followed 
by a rebound towards the formation’s upper boundary, where the 200-day MA was 
located, and a rejection from this area, which led to a breakdown from the 
pattern and 55% correction. This time, Bitcoin has rejected from the 100-day 
MA and is currently retesting the pattern’s support line. Based on this, he 
suggested that the flagship crypto could see one more leg up toward the 
200-day MA, located around the $100,000 barrier, before “the real show” 
begins. BTC Price In Precarious Position Meanwhile, Rekt Capital explained 
that Bitcoin was in a “particularly fragile position,” as it needed to hold 
the previous week’s marginal close above the range high. “When Weekly Closes 
occur marginally beyond a key level, the subsequent retest becomes 
structurally precarious,” he detailed. In his analysis, the market watcher 
noted that Bitcoin saw a sharp rejection from the $98,000 region, where the 
21-week and 50-week Bull Market Exponential Moving Averages (EMAs) are 
located. This coincided with the loss of a higher low structure that had been 
building similarly to 2021. “Losing that Higher Low is significant, as it 
removes a key structural buffer that could have supported continued 
consolidation within the Weekly Range,” he asserted. The rejection has shifted 
focus to the strength of the $86,000 support and the character of the upcoming 
rebounds from this area. He warned that shallower bounces from the range lows 
would suggest weakening demand, increasing the chances of a breakdown below 
this support. Related Reading: Crypto Traders Share Odds Of XRP Price Rising 
40% This Year, Can It Still Rally? Strong rejections that lead to downside 
continuation historically tend to occur later in the cycle toward the end of 
Q1 or the start of Q2, Rekt Capital pointed out, but Bitcoin is already 
testing the lower boundary of its weekly range. This adds “importance to the 
integrity of this support, as any early breakdown would represent a shift 
relative to that typical timing.” At the moment, the weekly range remains 
pivotal, “acting as the key decision point between a prolonged relief 
structure and the risk of deeper downside,” the analyst concluded. Featured 
Image from Unsplash.com, Chart from TradingView.com

Bitcoin Price At Risk Of 50% Correction As BTC’s 2022 Bearish Playbook Repeats

South Korea’s stablecoin debate remains stalled as the central bank raises 
concerns over capital flows, issuer oversight and US dollar-linked risks.

South Korea’s central bank flags FX risks as lawmakers debate stablecoin issuance

Major League Soccer and Soccer United Marketing announce a multi‑year 
partnership with Polymarket to integrate prediction markets into fan 
experiences. Soccer United Marketing (SUM), the commercial arm of Major League 
Soccer (MLS), announces a multi‑year agreement naming Polymarket the official 
and exclusive prediction market partner of MLS, the MLS All‑Star Game, MLS Cup 
presented by […]

Major League Soccer Partners With Polymarket in Multi‑year Fan Engagement Deal

On-chain predictions platform Polymarket has signed a multi-year deal with 
Major League Soccer in the United States to serve as its exclusive prediction 
market partner for key events. MLS announced the partnership on Monday, noting 
that the two companies will…

Cryptocurrency price in CNY