Bitcoin climbs back above the 50 day and 200 day moving averages after a two month pullback.
BTC trades below its 52 week resistance band as the yearly range high becomes the next test.
Polymarket shows a 96% chance of a December Fed cut, shaping risk appetite across crypto.
Bitcoin is executing a technical breakout attempt hours before the Federal Reserve’s final policy decision of 2025. Trading at $92,503, the asset has pushed toward the upper resistance band of its yearly channel, buoyed by near-universal expectations of monetary easing.
The shift follows two months of selling pressure that pushed the asset below its long-term trend levels before conditions began to stabilize in late November.
Related: Crypto Market Stabilizes as Flows Concentrate in BTC and ETH Ahead of Fed Decision
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Read The Full Article Bitcoin Price Alert: Should You Buy Before the Fed Announcement Today? On Coin Edition.
