Bitcoin Price Today [LIVE] Updates On Dec 8,2025

Analysts warn that Japan may start selling US bonds, potentially sparking a chain reaction globally. This could pressure Tether, leading to a sharp depeg, which in turn may drag Bitcoin lower. Large holders like MicroStrategy might be forced to sell BTC to cover positions, amplifying the downward pressure. The sequence — Japan → Tether → Bitcoin — highlights how macro moves and stablecoin stress could impact the cryptocurrency market in the near term.

Bitcoin opened the week by closing the CME gap at $89.4K, but the dip was quickly absorbed by strong buying. The price is now testing a key resistance zone, showing intense demand from traders. If BTC breaks and holds above $92K in the coming days, it could set the stage for a rally toward $100K before 2026, signaling bullish momentum in the short term.

BlackRock’s iBit Bitcoin ETF recorded its longest outflow streak ever, losing $2.7B, with another $113M drop on Thursday. Assets under management fell from $71B to $68.3B, driven by price declines rather than redemptions. Institutional basis trades are unwinding rapidly, echoing 2022 patterns. Meanwhile, whales quietly accumulated 5,200 BTC this week via OTC desks, signaling strong hands are still buying despite ETF pressures

Some analysts believe this Bitcoin cycle won’t see the typical 80% crash. Unlike previous tops driven by retail euphoria, this cycle peaked on ETF and institutional excitement, with corporate buyers having longer-term horizons of 10+ years. Retail FOMO largely flowed into altcoins and memes, leaving Bitcoin holders less exposed. BTC could bottom around $50K–$74K (40–60% from ATH), with a potential counter-trend rally toward $100K offering a chance to sell weaker positions before the next major move.

Polymarket signals Bitcoin as a 50/50 bet, equally likely to hit $100K or drop to $80K. This highlights the hidden uncertainty beneath the confident chatter on Crypto Twitter. Even prediction markets show indecision, reflecting how rare it is to see BTC this undecided. Traders are on the edge, sensing a major move is imminent, but the direction remains unclear, making cautious positioning key in the current market environment.

Bitcoin is approaching critical zones at $92,000 and $95,000, where price action could trigger a reversal. Traders are watching closely as the Federal Reserve’s interest rate decision and press conference on Wednesday may increase volatility. A cautious strategy includes considering a short near $92,000 with a small position size, targeting the $87,000 support level, while keeping an eye on market reactions to the Fed’s announcements.

Bitcoin ($BTC) is testing support at the lower trendline on the weekly chart, signaling potential strength in the long-term uptrend. Key targets lie ahead: $102,000 at the Golden Ratio, $122,000 as the 2x target, and $155,000 at the 2.618 Golden Ratio level. This multi-year channel suggests that if support holds, BTC could continue climbing toward these higher levels, keeping bullish momentum intact for investors watching the weekly trend.

Bitcoin (BTC) Price climbed today, trading around $91,271, as rising odds of a rate cut by Federal Reserve fuel optimism. With futures showing an ~85% chance of a quarter-point cut at the December 9 meeting, investors are shifting toward risk assets. Lower rates typically make cryptocurrencies more attractive compared to bonds and weaken the U.S. dollar both supportive for Bitcoin. As a result, BTC has rallied as investors position ahead of possible easier monetary policy.

Seven weeks after warning about the Gaussian Channel, Bitcoin is now trading deep inside it. This zone has historically marked the shift between a strong bull phase and early weakness. If BTC slips out of the channel entirely, it could open the door to further downside. Still, a short-term relief bounce is possible before any major move plays out, keeping markets on edge for now.

Bitcoin has pulled back to the $90,000 level, which is acting as short-term support for now. If BTC holds above this zone, a move toward $92,000 is likely in the near term. However, a break below $90,000 would weaken the setup and could push price back toward $88,000. With higher timeframes still unclear, Bitcoin remains sensitive to short-term moves, keeping traders cautious on direction.

Bitcoin rebounded after dipping below recent lows, but price action remains trapped in a tight range. Buying interest has pushed BTC higher, though strong orders still sit on both sides. On the upside, the $93,662 level stands out as the next possible pull zone if momentum builds further. However, if strength fades, attention shifts back to $86,478, where heavy interest is concentrated and could attract price again.