Can Bitcoin Reach Its New ATH of $140K? (Complete Technical + Fundamental Breakdown)
Bitcoin is currently in a phase where either a massive breakout can start — or the market may consolidate for a while before heading upwards. The chart you sent (BTC/USDT 4h) clearly shows that the price was rejected at 92k and is now testing support in the 88–89k zone.
In this entire analysis, we will see: • Technical trend • Strong support/resistance • Fundamental drivers (Halving, ETF inflows, supply shock)
🇺🇸 Former President Trump referred to Peter Schiff as a "loser" after Schiff commented on inflation in the U.S. In response, Schiff invited Trump to engage in a debate on economic matters.
Bitcoin jumps 5%, squeezes shorts following Trump's remarks on next Fed Chair
Trump noted that the next Fed Chair is expected to cut interest rates immediately. Ethereum, XRP, Solana and other top cryptos rallied alongside Bitcoin Bitcoin (BTC), alongside most top cryptos, saw a 5% gain on Tuesday following President Donald Trump's remarks on monetary policy in a Politico interview. The US President noted that the next Federal Reserve (Fed) Chair will be expected to lower interest rates immediately.
Trump will announce the next Fed Chair in the coming days, with White House economic advisor Kevin Hassett as the frontrunner across prediction marketplaces Polymarket and Kalshi. In a panel session at the WSJ Leadership Institute on Tuesday, Hassett highlighted that "there's plenty of room to lower rates." The Federal Open Market Committee (FOMC) is expected to lower interest rates by 25 basis points in its meeting on Wednesday. Market experts view it as a hawkish cut, predicting the Fed will adopt a wait-and-see approach in January due to the delay in economic data caused by the government shutdown in the past few months.
Trump's remarks spark short liquidations However, Trump's recent comments have boosted market sentiments ahead of the decision, with the crypto market seeing over $263 million in short liquidations in the past 4 hours, according to Coinglass data.
Bitcoin has crossed above $94,000 and is approaching the $95,000 mark for the first time since November 17. The top crypto's rise has spiraled into the broader digital asset market with almost every token in the top 100 trading in the green.
Ethereum ($ETH ), XRP, $BNB and Solana (SOL) are up 8%, 4%, 3% and 6%, respectively, at the time of publication on Tuesday.
Bitcoin holds above $90,000, paring losses as ETF outflows return. Ethereum faces headwinds below the 50-day EMA, reflecting risk-off sentiment among institutional investors. XRP trades sideways above its $2.00 support, as cumulative ETF inflows near $1 billion milestone. Bitcoin (BTC) is trading above $90,000 at the time of writing on Tuesday amid sticky risk-off sentiment in the broader crypto market. Since the October 10 flash crash, shaky institutional interest and low retail demand have significantly weighed down the largest cryptocurrency by market capitalization, capping steady recovery toward $100,000.
Altcoins, including Ethereum (ETH) and Ripple (XRP), are paring losses, holding above key support levels. Ethereum is back above $3,100 but holds below a short-term resistance at $3,200, while XRP is trading sideways above its immediate $2.00 support. Data spotlight: Ethereum, XRP ETFs see inflows as Bitcoin outflows return Ethereum spot Exchange Traded Funds (ETFs) recorded inflows of approximately $35 million on Monday, after posting outflows on Friday and Thursday. BlackRock's ETHA led with inflows of nearly $24 million, followed by Grayscale's ETH with almost $12 million. None of the US-listed ETH ETFs recorded outflows, bringing the cumulative inflow to $12.91 billion and net assets to $19.61 million, according to SoSoValue data XRP ETFs extended their steady positive streak with inflows totalling $38 million on Monday. Since their debut on November 13, XRP ETFs have not posted outflows, signaling growing institutional interest in altcoin-related crypto investment products. The cumulative inflow averages $935 million with net assets of $924 million.
JUST IN: 🔥💰💰 The CFTC has launched a pilot program for tokenized collateral in derivatives markets, allowing $BTC , $ETH , and USDC to be used as margin.
I have informed President Xi, of China, that the United States will allow NVIDIA to ship its H200 products to approved customers in China, and other Countries, under conditions that allow for continued strong National Security. President Xi responded positively! 25% will be paid to the United States of America. This policy will support American Jobs, strengthen U.S. Manufacturing, and benefit American Taxpayers. The Biden Administration forced our Great Companies to spend BILLIONS OF DOLLARS building “degraded” products that nobody wanted, a terrible idea that slowed Innovation, and hurt the American Worker. That Era is OVER! We will protect National Security, create American Jobs, and keep America’s lead in AI. NVIDIA’s U.S. Customers are already moving forward with their incredible, highly advanced Blackwell chips, and soon, Rubin, neither of which are part of this deal. My Administration will always put America FIRST. The Department of Commerce is finalizing the details, and the same approach will apply to AMD, Intel, and other GREAT American Companies. MAKE AMERICA GREAT AGAIN!
Market overview The crypto market lost just over 1% in 24 hours to $3.08T, falling back to the consolidation levels of late November. Attempts to shake up the market at the beginning of this month were unsuccessful for both bulls and bears. Excluding this impulse, the market has been treading water for almost two weeks, hovering around the 23.6% correction rebound line from the October-November decline. Such a shallow rebound could be a sign of a strong bear market, but this will only be confirmed if November's lows of $2.73T are updated.
⚠️🇺🇸🇪🇺 The strain between the EU and American tech companies is escalating. Hungarian Prime Minister Orban has condemned the EU's decision to impose a fine on X. JD Vance pointed out an EU initiative that suggests censoring speech in return for lifting fines. US Deputy Secretary of State Christopher Landau characterized the penalty imposed on Elon Musk's platform X as merely the beginning of the EU's efforts to compromise US security.
⚠️🇺🇸🇪🇺 Tensions are escalating between the EU and US tech giants. Hungarian Prime Minister Orban has voiced criticism over the EU's decision to impose a fine on X. JD Vance highlighted a proposal from the EU that would involve censoring speech in return for lifting fines. Meanwhile, US Deputy Secretary of State Christopher Landau characterized the penalty against Elon Musk's platform X as merely the beginning of the EU's efforts to undermine US security.