$BTC
📊 Recent Context & What’s Driving BTC
Recently, Bitcoin has bounced back and “stabilised above ~$91,000” after dipping toward the high-$80,000s.
The Economic Times
+2
Barron's
+2
Part of the optimism stems from expectations of looser monetary policy in the U.S. (potential interest-rate cuts), which tend to increase liquidity and make risk assets like crypto more attractive.
Finance Magnates
+1
On the institutional side: big players are still accumulating Bitcoin. For instance, a major corporate Bitcoin holder recently disclosed an aggressive new purchase amid the dip — a sign that some “smart money” views the current price as a buying opportunity.
Barron's
+1
From a macro and adoption perspective: after the latest halving in April 2024, supply pressure has tightened (fewer new BTC entering the market), which historically tends to support long-term upward bias — assuming demand remains steady or grows.
arXiv
+2
+2
🔎 Technical Picture & Near-Term Scenarios
Recent technical-market commentary suggests:
A key near-term resistance to watch is around ~$95,000–$96,000. Breaking above this could pave the way for a rally toward $105,000–$110,000.
Blockchain News
+2
Cryptonews
+2
If BTC fails to reclaim and hold above this resistance zone, support levels near ~$80,000–$85,000 could be tested.
TechStock²
+1
There’s a plausible “base-case” trading band for December: roughly $85,000–$95,000 — unless new catalysts trigger a breakout.
TechStock²
+2
Brave New Coin
+2
On a longer horizon (next several months), some bullish forecasts still project $120,000+ targets — if favorable macro conditions (liquidity, demand) persist.
+2
Finance Magnates
+2
⚠️ What to Watch Out For (Risks & Uncertainties)
+1
Because BTC has had big swings lately, volatility remains high — meaning sharp downward moves are still possible, especially if macro sentiment or global
