The allegation that DeepSeek used advanced Nvidia chips illegally brought to China is one of the most important developments of the last hour. Cryptocurrencies are quiet at the time of writing, and Trump didn’t say much bigger things in his comments on the economy. BTC maintains 92 thousand dollars and investors are focused on the Fed decision that will come hours later. So what are QCP Capital analysts talking about in today’s market note?
QCP Cryptocurrency Predictions
Analysts say markets have stabilized relatively but market sentiment remains cautious. ETF inflows are at $56.5 million, following outflows of $1.1 billion in November. Markets focused on Powell’s statements have not yet been affected by the December 19 Japanese interest rate decision. However, this risk may become more evident in the coming days.
“As selling pressure finally subsides, BTC It’s hovering around $92K this morning, but market sentiment remains cautious. Following massive buybacks in November, ETF inflows rose to $56.5 million and derivatives markets remain hesitant, keeping cryptocurrencies in an open hold mode.
The focus now shifts to tonight’s FOMC meeting. The decision is largely reflected in prices, but Powell’s The tone will determine short-term risk appetite, especially as new data is limited and major announcements are still ahead. Despite the uncertainty, markets continue to expect a more dovish policy to be followed in 2026.”
Officials appear uneasy as Japan’s bonds move to the highest level in decades. The BOJ meeting on December 19 will be the next important catalyst and cryptocurrencies The Fed will probably feel the pressure of this until next week when it comes out of its influence. USDJPY Speaking of when carry positioning is tense, analysts predict that the surprise in the policy decision will cause an increase in volatility.
Bitcoin Price Prediction
Throughout the year, BTC has struggled to close above $90,000, and since the peak in October, sales by OG investors have constantly suppressed the price. Although the price below the 2024 opening level of $ 94 thousand is annoying, the year is not over yet. If Bitcoin 
$86,989.86 Things may change if it starts to close above $94,000, which it has not been able to close for 23 days.
The second key zone will be $98 thousand, and throughout May, this zone has always been the support point that saved the bulls. We have 2 scenarios: returning to the $98-110 thousand range or getting stuck in the $81-92 thousand range. Bitcoin hasn’t made up its mind yet.
