Bitcoin wobbles at $92K as trader eyes end to 'manipulative' BTC price dip🩸
Bitcoin BTCUSD battled stubborn horizontal resistance Friday with $94,000 next on bulls' radar.
🎯Key points:
Bitcoin keeps up pressure on familiar resistance levels as optimism over market strength increases.
The recent pullback was the result of "manipulative" forces, analysis says✅.
Gold on the way to new all-time highs is an "extremely bearish" macro headwind for Bitcoin.
BTC price: Days or weeks until "upwards breakout"
Data showed wavering BTC price action after a trip to $95,500 the day prior.
"This is extremely bearish for Bitcoin. We need the metals to calm down before the crypto bull run can begin."
⚠️This post does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
A Bank of Japan (BOJ) rate hike can be a headwind for Bitcoin prices, mainly through global liquidity and currency-market channels. Here’s how it works 👇
Why a BOJ Rate Hike Threatens Bitcoin
1. Stronger Yen = Tighter Global Liquidity
Japan has been the last major ultra-loose central bank.
A rate hike strengthens the Japanese yen.
Investors unwind yen-funded carry trades (borrowing cheap yen to invest in risk assets).
Result: Money flows out of Bitcoin and crypto.
2. Risk-Off Sentiment Hits Crypto
Higher rates globally reduce appetite for speculative assets.
Bitcoin, still treated as a risk asset in short-term trading, often falls when:
Bond yields rise
Volatility increases
Traders move to cash, bonds, or yen-denominated assets.
3. Dollar–Yen Shift Pressures BTC
BOJ tightening can push USD/JPY lower.
A weaker dollar–yen dynamic often:
Strengthens fiat confidence
Reduces Bitcoin’s short-term “hedge” appeal
4. Leverage Flush in Crypto Markets
Carry trade unwinds = sudden deleveraging.
This can trigger:
Liquidations in BTC futures
Sharp, fast price drops even without bad crypto news
When the Federal Reserve cuts interest rates, it makes borrowing cheaper. Markets don’t wait for results — they move in advance, pricing in what they expect to happen next.
What usually happens 👇
1️⃣ Stocks 📈
Lower rates = cheaper loans for companies
Profits expected to rise → stock markets often go up
2️⃣ Crypto (Bitcoin, Ethereum) 🚀
Investors look for higher returns than bonds
More liquidity → risk assets like BTC & ETH attract buying
3️⃣ Bonds 💵
Bond yields fall
Existing bonds become more valuable
4️⃣ US Dollar ⬇️
Lower interest rates weaken the dollar
Helps commodities and crypto rise
5️⃣ Gold 🟡
Acts as inflation hedge
Often benefits from rate cuts
Why “markets anticipate”⁉️
Markets are forward-looking. Prices move before the actual economic impact, based on:
A massive options expiry like $4.5 billion in Bitcoin (BTC) and Ethereum (ETH) options can introduce significant volatility. Here’s what this typically means and why markets pay attention:
🚨 What’s Happening
Options worth ~$4.5B are expiring, meaning traders must decide whether to exercise, roll over, or let contracts lapse.
These expiries often occur on the last Friday of the month, when open interest is highest.
📊 Why It Matters
Large expiries can impact price because:
Max Pain Levels — Market makers may hedge around “max pain,” the strike price where option buyers lose the most.
Imbalance between calls and puts — A high put–call imbalance can indicate market bias (bearish or bullish).
The U.S. Federal Reserve cut its benchmark interest rate by 0.25 percentage points again — part of a cycle of easing that has unfolded since late 2024 — bringing rates down to roughly 3.50%–3.75%. Chair Jerome Powell and the Fed project only limited additional cuts ahead, indicating a more cautious approach even as economic risks grow. The decision reflects tension between a weakening labor market and persistent inflation above target, and internal Fed divisions on policy direction.
📊 Why This Matters Rate cuts are usually intended to support economic growth by reducing borrowing costs for consumers and businesses. But when the Fed lowers rates because growth is slowing, markets often interpret that as a warning signal about economic health, which can amplify recession fears — both among investors and analysts.
📈 Recession Fears Rising Economists and markets have recently increased recession probability estimates as growth slows, hiring weakens, or downside risks mount. For example, some forecasts have raised the 12-month recession chance significantly based on slowing activity and trade uncertainties. Analysts caution that historically, when the Fed resumes cutting after a long pause, it sometimes precedes recessions — though not every time. Markets remain uncertain and volatile, with differing views on whether cuts reflect a looming downturn or a pre-emptive step to avoid one. 🧠 Fed’s Messaging Is Mixed While the Fed has eased policy, officials have also signaled a possible pause and highlighted that inflation remains above target — suggesting they’re unwilling to cut too far too fast. Internal disagreement at the Fed underscores how difficult it is to balance growth support with inflation control.
🧠 In Simple Terms ✔️ Lower interest rates can reduce borrowing costs and support spending/investment. ❗ But if cuts are driven by economic weakness, they can signal slowdown, which markets and economists often interpret as heightened recession risk.
Price Test: Bitcoin is testing critical support around $88,000, currently trading near $89,515 after a dip below $90,000. Technicals: Indicators are mixed, with a neutral hourly RSI at 47.57 and a MACD showing potential for a bullish crossover. Catalysts: Strong institutional adoption driven by regulatory clarity provides underlying support, but over $200 million in recent liquidations has created short-term selling pressure. Sentiment: The market is in a state of "Fear," with the Fear & Greed Index at 22, suggesting widespread investor anxiety.
🌐Market Overview🌐
Bitcoin's price is currently $89,515, with a 24-hour trading volume of approximately $37.6 billion and a market capitalization of $1.79 trillion, ranking it #1. The price has slightly recovered after dipping below $90,000 due to significant liquidations of leveraged long positions, and is down about 12.5% over the past 30 days. Market sentiment remains cautious, with the Fear & Greed Index at 22, indicating a state of "Fear" and that investors are currently risk-averse.
💠Technical Analysis & Trading Strategy ✅
The primary support zone is between $88,000 and $89,200; this level must hold to prevent declines toward the structural support between $82,000 and $85,000
Immediate resistance is found in the $92,000 to $94,500 range, and a sustained breakout is necessary to restore bullish momentum toward the $100,000 level. Technical indicators are mixed: the 1-hour RSI is neutral at 47.57, while the MACD histogram is positive, suggesting bearish momentum is weakening.
Core Driving Factors
Growing regulatory clarity in the U.S., UK, and EU is a major catalyst for institutional interest, with massive inflows into spot Bitcoin ETFs providing regulated access. The 2024 halving continues to reduce the new supply of Bitcoin, while assets are moving off exchanges, signaling a tightening supply dynamic. $BTC #BTC86kJPShock #BTCVSGOLD
Today, $XRP stands out as the only cryptocurrency in the top 10 with a positive 24-hour volume change, reporting a +6.79% increase. All other major assets on the list, including BTC, ETH, SOL, BNB, DOGE, ADA and others, are still firmly in the red. This divergence is significant because rising volume into a declining market frequently indicates incoming volatility or accumulation.
XRP yet to catch up🎯
However, the price reaction is not yet bullish: XRP is trading at about $2.05, following a daily decline of -4%, honoring a persistent declining channel and failing to recover any significant moving averages. The chart shows that XRP is still struggling below the downward-sloping 50, 100- and 200-day trendlines.
Sellers hit the asset as soon as it tests the upper boundary, and repeated attempts to break through midchannel resistance are unsuccessful. Nothing on the chart structurally points to a verified reversal, momentum (RSI) is still low and volume spikes are associated with rejection candles rather than breakouts.
XRP remains healthy😍
However, the setup becomes more interesting when the on-chain performance reveals a different narrative. XRP is still in the one billion+ payments club because daily payments routinely surpass the threshold, indicating that network-level usage is not only robust but also growing.
The concept that something is developing beneath the surface is further supported by exchange data. Exchange reserves hardly move, netflows stay under control and transaction counts continue to be high. This does not seem to be a panic distribution. Rather, it is like a market that is waiting for a catalyst while activity keeps building.
Mike McGlone, chief commodity strategist at Bloomberg Intelligence, has opined that Bitcoin might be the leading indicator of the next recession.🙃 He argues that some asset-price signals (gold at record highs, falling Treasury yields, rebounding equity volatility) look like early warning signs historically associated with major economic reset events. Bitcoin is a high-beta risk asset whose price reacts quickly to changes in global risk sentiment. If the flagship cryptocurrency starts to fall sharply, it may be an early market signal that leverage is unwinding. $10,000 price target 🎯 McGlone has maintained a consistently bearish outlook on Bitcoin throughout the past two months. He argues that Bitcoin's sharp decline from its 2025 peaks indicates the onset of post-inflation deflationary pressures. This is a similar pattern to the one that was observed in 2007 when the Federal Reserve began easing rates, only for markets to eventually crater. McGlone frequently points to Bitcoin's tendency toward mean reversion. He has predicted that the cryptocurrency could revisit the $50,000 level, potentially plunging even lower toward $10,000 in a more severe scenario. He has been consistently bullish on gold. The yellow metal has managed to shine in 2025 while Bitcoin, crude oil, and other risk assets have faltered. Late-stage bull market🔥✅ McGlone contends that the crypto's maturation and ETF inflows mark a late-stage bull market peak akin to dot-com excesses. He believes that the S&P 500 could record its third down year since 2008. The analyst has predicted possible trajectories toward 5,000 for the index alongside $50,000 Bitcoin in 2026. #BTCVSGOLD #BinanceBlockchainWeek #BTC86kJPShock #Bloomberg $BTC
Mike McGlone, chief commodity strategist at Bloomberg Intelligence, has opined that Bitcoin might be the leading indicator of the next recession.🙃
He argues that some asset-price signals (gold at record highs, falling Treasury yields, rebounding equity volatility) look like early warning signs historically associated with major economic reset events.
Bitcoin is a high-beta risk asset whose price reacts quickly to changes in global risk sentiment. If the flagship cryptocurrency starts to fall sharply, it may be an early market signal that leverage is unwinding.
$10,000 price target 🎯
McGlone has maintained a consistently bearish outlook on Bitcoin throughout the past two months. He argues that Bitcoin's sharp decline from its 2025 peaks indicates the onset of post-inflation deflationary pressures.
This is a similar pattern to the one that was observed in 2007 when the Federal Reserve began easing rates, only for markets to eventually crater.
McGlone frequently points to Bitcoin's tendency toward mean reversion. He has predicted that the cryptocurrency could revisit the $50,000 level, potentially plunging even lower toward $10,000 in a more severe scenario.
He has been consistently bullish on gold. The yellow metal has managed to shine in 2025 while Bitcoin, crude oil, and other risk assets have faltered.
Late-stage bull market🔥✅
McGlone contends that the crypto's maturation and ETF inflows mark a late-stage bull market peak akin to dot-com excesses. He believes that the S&P 500 could record its third down year since 2008. The analyst has predicted possible trajectories toward 5,000 for the index alongside $50,000 Bitcoin in 2026. #BTCVSGOLD #BinanceBlockchainWeek #BTC86kJPShock #Bloomberg $BTC
Dogecoin Bulls Smell $1.30 As On-Chain Data Turns Red-Hot🔥
Dogecoin is hovering near $0.15, but a cluster of technical and on-chain indicators shared on X suggests the market structure is far healthier than during the last bear phase, prompting fresh upside calls from analysts.
Dogecoin Could Target $1.30🥳
Trader Cryptollica posted a long-t#erm monthly DOGE chart with the Mayer Multiple and a clear message: "DOGE Target > $1.30." The Mayer Multiple, using 200- and 50-period moving averages with a 2.4 threshold, sits at 0.66005. Visually, that is far below the spikes above 5 that accompanied the 2017 and 2021 blow-off tops, indicating that Dogecoin is not yet in the overheated conditions historically associated with major market peaks.
Ethereum Tightens Uptrend Structure as Market Eyes Another Wave of Gains
Ethereum price started a fresh increase above $3,200. $ETH is now consolidating gains and might aim for more gains above $3,250.
Ethereum started a fresh increase above the $3,050 and $3,120 levels.
The price is trading above $3,120 and the 100-hourly Simple Moving Average.
There is a short-term contracting triangle forming with support at $3,130 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up if it settles above the $3,240 zone.
Downside Correction In ETH?
If Ethereum fails to clear the $3,240 resistance, it could start a fresh decline. Initial support on the downside is near the $3,120 level. The first major support sits near the $3,050 zone.
Technical Indicators🚦
Hourly MACD - The MACD for ETH/USD is gaining momentum in the bullish zone.
Hourly RSI - The RSI for ETH/USD is now above the 50 zone.
ETF flows, the 'Vanguard effect' and BoA's allocation shift
Bloomberg Intelligence analyst Eric Balchunas said bitcoin's intraday surge lined up almost exactly with the U.S. equity market open - the first session after Vanguard clients regained access to spot bitcoin ETFs.
"Bitcoin jumps 6% right around the U.S. open on the first day after the ban lifted. Coincidence? I think not," Balchunas wrote on X, noting that BlackRock's IBIT saw $1 billion in volume within the first 30 minutes.
Vanguard's reversal comes the same day Bank of America reportedly told advisers across Merrill, Private Bank and Merrill Edge that clients can now allocate 1%-4% of portfolios to crypto, an end to a long-standing restriction that prevented more than 15,000 advisers from proactively recommending digital-asset products.
Bitwise CEO Hunter Horsley called the confluence of policy shifts a classic bear-market tell.
"The second-largest brokerage flips its policy... and no one is fired up," he wrote.
Bitwise CIO Matt Hougan added that in down markets, positive developments "are ignored but not forgotten" and accumulate as "potential energy" for the next uptrend.
Crypto market rebounds above $3 trillion as 'vanguard effect' jolts ETF flows and Fed cut odds jump
Crypto markets staged a turnaround on Tuesday as traders responded to surging Fed rate-cut expectations and a burst of U.S. ETF activity following Vanguard's decision to lift its long-standing ban on bitcoin ETF purchases.
Bitcoin climbed back above $91,000, up roughly 8% over the past 24 hours, while ether reclaimed $3,000 after a 10% jump, according to The Block's price page.
Bitcoin, the leading cryptocurrency by market capitalization, has managed to pull off a stunning V-shaped recovery, surging to an intraday high of $91,107, according to data. This week started on a bad note, with the price of the leading coin briefly slipping below the $84,000 level due to a combination of the hawkish Bank of Japan (BoJ) comments and China doubling down on its anti-crypto stance out of the blue. Commodity trader Peter Brandt rushed to predict that BTC could crash to $40,000 while analyst Chris Burniske confidently stated that the cryptocurrency was on track to plunge lower. However, the bulls made a stunning comeback on Tuesday, paring all of the recent losses.🥳 A slew of bullish news is likely the reason why Bitcoin BTC/USD managed to surge sharply higher.🎉 As reported by U. Today, $10 trillion financial giant Vanguard has enabled access for a slew of cryptocurrency exchange-traded funds (ETFs) after stubbornly ignoring and rejecting the burgeoning sector in the past. Whether people are stoked right now or not - crypto is rapidly entering the mainstream," Bitwise CEO Hunter Horsley said in response to the recent U-Turn.✅ Secondly, Bank of America Private Bank and Wealth Management, which is a division of Bank of America that handles very wealthy clients and manages large amounts of assets (over $2 trillion), has announced it will allow advisors to allocate 1-4% to Bitcoin starting in January. 🎈Massive wipeout of crypto shorts🩸 According to data, roughly $221 million worth of shorts has been wiped out over the past four hours alone.😨 Short positions account for 93% of all shorts over the past 24 hours.🙃 #BTC86kJPShock #BTCRebound90kNext? #WriteToEarnUpgrade $BTC
📉Bitcoin Price Dips Again - Could This Spark Panic Selling Across Crypto Market⁉️
Bitcoin price extended losses after it traded below $115,000. BTC is now moving lower and might even test the $110,500 support zone.
Bitcoin started a fresh decline below the $115,000 zone.
The price is trading below $114,500 and the 100 hourly Simple moving average.
There is a bearish trend line forming with resistance at $114,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might start another increase if it clears the $115,000 zone.
Bitcoin Price Dips Further
Bitcoin price failed to stay the $116,500 zone and started a fresh decline. BTC declined below the $115,500 and $115,000 support levels to enter a short-term bearish zone.
Bitcoin, Ether could make 'monster move' in next 3 months: Tom Lee
Bitcoin and Ether are set for a huge rally in the fourth quarter this year thanks to easing monetary policy in the United States, according to Fundstrat co-founder and BitMine chairman Tom Lee. Monetary liquidity sensitivity and global central banks' easing, along with strong seasonality will drive Bitcoin ($BTC ) and Ether ( $ETH ) prices, said Lee on CNBC on Monday. "I think they could make a monster move in the next three months ... huge." He added that these might be one of the "stand-out trades" for the rest of this year, also partially driven by the Federal Reserve reducing rates for the first time this year #TrendingTopic #StrategyBTCPurchase #AltcoinSeasonComing?
China's Hip-hop Base Begins DAT: Invests $33M in Bitcoin
China-based Pop Culture Group, which operates youth-oriented entertainment projects centered on hip-hop, has allocated $33 million of its treasury into Bitcoin to diversify reserves and explore digital assets. The move reflects the company's plan to integrate cryptocurrency into its financial and operational strategy. It also explores opportunities in #Web3 and entertainment-related digital assets. Strategic Allocation into Bitcoin and Digital Assets Pop Culture Group invested $33 million in Bitcoin for its corporate treasury. This is part of a deliberate effort to expand beyond traditional cash and conventional financial instruments. The company is establishing a cryptocurrency fund pool. #china #btc #AITokensRally $BTC