BTC at $90K?! 5 Things You NEED to Know

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Well now, Bitcoin. She’s pokin’ around above ninety thousand dollars, folks. Talk of a “Santa rally” is floatin’ around, but don’t go spendin’ your savings just yet. Seems like everyone’s expectin’ another dip, a little shakin’ before the good times, if they come at all. Lord knows these things rarely go as planned. 🙄

  • The price is dancin’ around a bit, tryin’ to get past ninety grand, but traders reckon it’ll likely wobble back down a ways.

  • That Federal Reserve, always stickin’ its nose in things. Whatever they decide about interest rates, well, that’ll send ripples through everything, even Bitcoin’s little party.

  • Seems like everyone ’round here agrees, the Fed’s decision will either make or break any chance of a proper rally for stocks, and Bitcoin’s just taggin’ along for the ride.

  • Some folks are lookin’ at past years, sayin’ this here “bear market” bottom might line up with what happened back in ’22. History eh? Never repeats itself exactly, but likes to rhyme.

  • Not a lot of folks are bettin’ the farm on this rally. Open interest and leverage are kinda quiet, like everyone’s waitin’ for the other shoe to drop. Smart folk, maybe? 😉

Fibonacci level becomes key BTC price floor

Bitcoin’s been movin’ a lot lately, jumpin’ and joltin’ like a jackrabbit in a hailstorm. Seems to be the tale of the quarter.

She dipped down near eighty-seven grand, but managed to close the week around ninety. Seems polite. Then, well, she got back to jumpin’ some right after. CryptoMoon Markets Pro and TradingView show it all, plain as day.

Traders are gettin’ nervous about what’s real and what ain’t. Trader CrypNuevo is eyein’ that 50-day movin’ average-that’s where he reckons it might go back to. Around ninety-five and a half, he’s sayin’.

“Ain’t got a clear base to hang our hats on,” he says. Still sees eighty thousand as a possibility. A little bearish, that fella. And could fall further, to the low eighties.

Michaël van de Poppe, though, is a bit more cheerful. He says there’s a bunch of folks lookin’ to buy at these lower prices. “Intense,” he calls it.

“That would result in a rally towards $100K pre-2026.”

But Daan Crypto Trades, he’s watchin’ those Fibonacci levels, seein’ where the bulls might dig in their heels. That’s around eighty-four grand, a spot they already tested this December.

“I think this is a key area for the bulls to defend. It’s also pretty much the last major support before testing the April lows again, which would break this high timeframe market structure.”

FOMC week sees Fed caught short on labor market

This week? It’s all about the Federal Reserve. Not much else happenin’ that’ll move the needle.

On Wednesday, them folks at the FOMC will decide about interest rates. Most folks are bettin’ on a little cut. A quarter percent, they say.

The job market’s lookin’ a little shaky, which might push the Fed to cut rates. But inflation’s still hangin’ around like a persistent cough, and cuttin’ rates might make that worse. A pickle, that is.

“Nonfarm payrolls have now posted 5 declines over the last 7 months, the worst streak in at least 5 years,” says The Kobeissi Letter. Says somethin’, don’t it?

“Deterioration of the job market is accelerating.”

Mosaic Asset Company is feelin’ a little more optimistic, though. They reckon things are linin’ up nicely for stocks.

“With inflation above target, the economy holding up fine, and the S&P 500 near all-time highs, the Fed looks set to cut rates for a third consecutive meeting,” they say. It’s a good time to be an investor apparently.

And when that Fed Chairman, Jerome Powell, starts talkin’, folks’ll be listenin’ close for clues about what comes next.

Kobeissi says Powell dismissed concerns about “stagflation” back in May 2024, and that, well, that was a mistake.🤦

May 4th, 2024: The day the Fed lost control.

Fed Chair Powell responds to concerns about stagflation, “I don’t see the stag or the flation.”

18 months later, inflation is still at 3%+ and the labor market is at its weakest level since the pandemic.

Own assets.

– The Kobeissi Letter (@KobeissiLetter) December 6, 2025

Santa rally buzz gets Fed proviso

Folks are talkin’ about a “Santa rally”, that end-of-year bounce. But it might depend on what these Fed fellas do.

The Santa rally is real, but the timing is all over the place.

Will we get a Santa rally this year? 👇

– Mister Crypto (@misterrcrypto) December 6, 2025

Crypto ain’t done as well as stocks this quarter, not by a long shot. The S&P 500 is just about touchin’ new highs.

Timothy Peterson says Bitcoin usually does okay this time of year. He’s hopin’ history repeats itself.

But Joao Wedson, he thinks Bitcoin’s just gonna kinda wander around sideways until next year.

“Every year, Bitcoin spends an average of 170 days in negative territory,” he says. And it’s already hit 171. Seems like a sign, don’t it?

“In 2025, it has already accumulated 171 negative days – which strongly suggests this year is likely to close in a sideways price range. If a deeper drop is coming, it will most likely happen in 2026.”

They say the Santa outcome will rely on the Fed’s actions.

“The pullback in the S&P 500 from late October into November happened alongside falling odds for another rate cut this month. Recent comments from key Fed officials helped drive odds for a cut back higher, which also sparked a recovery in the stock market,” Mosaic Asset Company believes.

Is $89,000 the new $16,000 for Bitcoin?

Now, when it comes to Bitcoin cycles, some folks think we might be near the bottom. After a long climb down.

Peterson says this year looks a lot like 2022. That’s when Bitcoin hit a low of around sixteen thousand dollars. If history repeats itself, we might see things get better soon. Maybe. 🙏

“$89,000 is the new $16,000,” he says. A bold claim, that.

Folks be makin’ comparisons to 2022, since Bitcoin took a dive back in October.

Open interest spells out Bitcoin “apathy”

Here’s a bit of encouragement: not everyone’s goin’ all in on this rally. Which might be a good sign.

CryptoQuant says open interest, that’s how much folks are bettin’, has dropped to its lowest level since April, when Bitcoin was tradin’ around seventy-five grand.

“This decline typically reflects two things: 1) investor capitulation, or 2) investor apathy,” they say. “Apathy is good actually, usually means that there’s an opportunity.”

Folks ain’t rushin’ to borrow money to bet on Bitcoin, either. They reckon that’s a good thing. Keeps things stable, maybe?

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2025-12-08 13:48