$BTC slipped to $89,070 (-1.12%), pressured by macro uncertainty, technical weakness, and low liquidity.
🔻 Key factors:
BOJ rate-hike fears — A potential move to 0.75% on Dec 18 is weighing on risk assets.
Technical risks — #BTC is testing $88K support, with a bear-flag structure hinting at a possible -20% drop.
Low-volatility squeeze — Price is stuck in a tight $89K–$90K range as traders wait for a catalyst.
🔍 What matters now:
— A stronger JPY could drain liquidity that crypto traders rely on.
— A break below $88K opens the path to $84.7K and lower.
— Markets await CPI on Dec 15 and the BOJ decision on Dec 18 — these events may set the next big move.
The market remains in a phase of uncertainty: price action is muted, but downside risks are building.
{spot}(BTCUSDT)
🔻 Key factors:
BOJ rate-hike fears — A potential move to 0.75% on Dec 18 is weighing on risk assets.
Technical risks — #BTC is testing $88K support, with a bear-flag structure hinting at a possible -20% drop.
Low-volatility squeeze — Price is stuck in a tight $89K–$90K range as traders wait for a catalyst.
🔍 What matters now:
— A stronger JPY could drain liquidity that crypto traders rely on.
— A break below $88K opens the path to $84.7K and lower.
— Markets await CPI on Dec 15 and the BOJ decision on Dec 18 — these events may set the next big move.
The market remains in a phase of uncertainty: price action is muted, but downside risks are building.
{spot}(BTCUSDT)
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BTC
86,280.88
-1.35%