The analysis indicates that Bitcoin is currently experiencing compressed volatility, a condition often preceding significant price movements. Data from the options market reveals substantial open interest around the $100,000 price point, suggesting a key resistance or potential target. Concurrently, put options indicate strong support clusters establishing a floor between $85,000 and $90,000. This dynamic has contained Bitcoin within a narrow trading range. A critical catalyst is identified in the expiration of a large volume of these options on December 26. This event is anticipated to release the suppressed volatility, leading to a rapid and potentially upward price trajectory for Bitcoin. The analysis suggests a shift from a current downtrend to a bullish phase post-expiration, with a target price of $100,000. The invalidation level for this bullish projection is set at $85,000; a move below this threshold would negate the anticipated positive reversal.