- Bitcoin trades at $92,200 during the day on December 8, 2025.
- The benchmark digital asset is bouncing back after a negative trend in November that challenged bulls.
- While weakness persists and the price remains close to $90,000, attention turns to the U.S. Federal Reserve.
Bitcoin is showing renewed strength, with a recent move pushing BTC above $92,000 as risk assets gain ground ahead of a key Federal Reserve meeting.
As U.S. stock futures rose before Wall Street opened on Monday, Bitcoin tracked that optimism, climbing about 3% to $92,220.
The technical picture shows a classic ascending triangle on the daily chart, suggesting the potential for a sharp advance toward $95,000 and $100,000 in the coming days.
Meanwhile, Ethereum currently trades above $3,100 and could approach the $3,500–$4,000 range.
Among altcoins, BNB may push past $1,000 following a notable regulatory milestone for Binance.
Bitcoin rises as markets price in Fed rate cuts
On Monday, U.S. stock futures ticked higher as investors considered the Federal Reserve’s policy meeting scheduled for Tuesday and Wednesday.
The gains are modest but add to several weeks of improvement across major indices.
BTC also climbed over the past week after dipping to the $80,000 area during a difficult November.
Investors are pricing in Fed rate cuts, and markets are reacting positively.
A softer personal consumption expenditures (PCE) inflation reading supported those expectations.
PCE is a key U.S. inflation gauge, and the latest print increased confidence that Fed Chair Jerome Powell could announce a rate reduction this week.
Can Bitcoin bulls reach $100,000?
Bitcoin saw notable price swings over the weekend, briefly sliding below $90,000 before quickly recovering.
The initial drop triggered a cascade of long liquidations totaling more than $170 million, but as short positions built, BTC rallied, catching overly leveraged bears off guard.
Analysts at QCP Group shared details about the price action via X on 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
At the time of writing, BTC shows signs of steady accumulation above $92,000.
“Attention shifts to Wednesday’s FOMC,” QCP analysts noted. “A 25 basis-point cut is priced in, but guidance on the balance sheet will drive risk. With $BTC still range-bound between $84k and $100k, a break on either side could define the next meaningful trend.”
Support is coming from both institutionally driven dip buyers and retail accumulation, making a breakout in the $95,000–$105,000 area more likely.
This outlook is partly based on an expanding ascending triangle pattern that has developed on Bitcoin’s daily chart since mid-November.
That pattern, combined with shrinking volatility and rising spot demand, paints a constructive picture.
A decisive daily close above $92,000 would put $95,000 and the $100,000–$101,500 resistance zone back in focus.
Renewed macro liquidity signals, supported by a dovish Fed stance, would help drive further technical breakout momentum.