$BTC : Next week, multiple macroeconomic policies will be released, and everyone is concerned about the direction of Bitcoin. Here is a forecast for next week's (December 9-15) trend.
At this point in time, Bitcoin's market capitalization is approximately $1.79 trillion, with a 24-hour trading volume of about $45-50 billion. Short-term technical indicators show oversold conditions (RSI at a low level), but MACD remains weak, with key support at $86,000-$88,000 and resistance at $92,000-$95,000.
The short-term remains highly volatile, with a key event being the Federal Reserve FOMC meeting (high probability of a 25-50bps rate cut).
Bullish technical analysis indicates:
The probability of a bullish scenario is high. If support at $86,000-$88,000 is maintained, a rebound may test $92,000-$95,000, and even push towards $98,000-$102,000. Institutional inflows and expectations of rate cuts could drive a rapid filling of the CME gap.
Bearish scenario: If support at $86,000 is lost, further declines to $80,000-$83,000 may occur (in extreme cases, testing $78,000), but this seems more like a "liquidation of leverage" rather than a trend reversal.
Overall, the current pullback is a normal adjustment in a bull market (30%+ retracement is common in historical bull markets). With continued accumulation by institutions and macroeconomic easing support, there is a high probability of oscillation upward or at least stabilization next week. The long-term target remains at $120,000-$170,000 (by the end of 2025). It is recommended to pay attention to the $86K support and $95K resistance, with risk management as a priority; investing carries risks.
The above information does not constitute investment advice and is merely a personal analysis. Please make your own judgment for high-risk investments; losses are at your own risk.
