- Bitcoin traded intraday at $92,200 on December 8, 2025.
- The benchmark digital asset appears mildly bullish after bears weighed on the market in November.
- Despite lingering weakness and prices hovering around $90,000, attention remains focused on the U.S. Federal Reserve.
Bitcoin is showing signs of a bullish reversal, with the latest momentum pushing the price above $92,000 as risk assets rose ahead of a key Federal Reserve meeting.
With U.S. stock futures rising before the Wall Street open on Monday, Bitcoin mirrored the move with a roughly 3% gain to $92,220.
Technical indicators on the daily chart form a classic ascending triangle, suggesting the possibility of a significant rally over the coming days toward $95,000 and $100,000.
Meanwhile, Ethereum is trading above $3,100 and could target the $3,500–$4,000 range.
Among altcoins, BNB may surge past $1,000 following a major regulatory milestone for Binance.
Bitcoin Rises on Expectations of Fed Rate Cuts
On Monday, U.S. equity futures climbed as investors weighed the Federal Reserve’s policy meetings scheduled for Tuesday and Wednesday.
While gains were modest, they matched a pattern of consecutive weekly advances in major indices.
Bitcoin also moved into positive territory over the past week after a difficult November that saw prices dip to the $80,000 area.
Investors are pricing in Fed rate cuts, and market sentiment is noticeably more optimistic.
The cooler-than-expected personal consumption expenditures (PCE) price index helped reinforce that outlook.
PCE is a key U.S. inflation gauge, and the data strengthened confidence that Fed Chair Jerome Powell could announce rate easing this week.
Could a Bitcoin Bull Run Push Prices to $100,000?
Bitcoin experienced notable volatility over the weekend, briefly slipping below $90,000 before bouncing back sharply.
The initial drop triggered a series of long-liquidations exceeding $170 million, but as shorts accumulated, BTC rebounded, catching overly leveraged short positions off guard.
Analysts at QCP Group shared details of these price swings on social media Monday.
Asia Colour – 8 Dec 25
1/ $BTC swung between 88k–92k over the weekend while $ETH saw sharp two-way moves, reflecting how thin year-end liquidity has become. Liquidations were modest, highlighting how positioning has continued to unwind.
— QCP (@QCPgroup) December 8, 2025
For now, BTC appears to be steadily accumulating above $92,000.
QCP analysts noted: “The focus shifts to Wednesday’s FOMC. A 25 basis point cut is priced in, but balance sheet guidance will steer risk. With $BTC still trading between 84k and 100k, a decisive move in either direction could determine the next major trend.”
Support is building from institutional buyers and retail accumulation, and a break above the $95,000–$105,000 area could follow.
Part of the bullish case stems from an ascending triangle that has formed on Bitcoin’s daily chart since mid-November.
Bitcoin price chart
That pattern, combined with contracting volatility and rising spot demand, paints a constructive picture for bulls.
If Bitcoin can close decisively above $92,000 on the daily timeframe, it opens a path toward $95,000 and the resistance band between $100,000 and $101,500.
Renewed macro liquidity signals, supported by positive Fed policy moves, would further help clear technical hurdles and fuel additional upside.