- Bitcoin price is trading at $92,200 intraday on December 8, 2025.
- The flagship digital asset is modestly bullish after a period of seller dominance in November.
- Although weakness persists and the price remains near $90,000, market attention is focused on the U.S. Federal Reserve.
Bitcoin is showing signs of a bullish reversal, with a recent upward surge pushing BTC above $92,000 as risk assets gained ground ahead of a key Federal Reserve meeting.
As stock futures climbed before Wall Street opened on Monday, Bitcoin mirrored that move with roughly a 3% gain to $92,220.
Technically, the daily chart displays a classic ascending triangle pattern, suggesting a potential sharp move toward $95,000 and $100,000 in the coming days.
Meanwhile, Ethereum is trading above $3,100 and could eye the $3,500–$4,000 area.
Among altcoins, BNB may push past $1,000 following a notable regulatory milestone for Binance.
Bitcoin rises as markets anticipate Fed rate cuts
On Monday, U.S. equity futures posted gains as investors weighed the Federal Reserve’s policy meeting scheduled for Tuesday and Wednesday.
Although modest, the rise aligns with consecutive weekly gains for major indices.
BTC also closed the week in positive territory after falling to $80,000 lows during a difficult November.
Investors are positioning for Fed rate cuts, and markets are optimistic about easing monetary policy.
A moderating personal consumption expenditures (PCE) price index supported this outlook.
The PCE is a key inflation gauge in the United States, and the softer reading has strengthened confidence that Fed Chair Jerome Powell may signal a rate cut this week.
Can Bitcoin bulls reach $100,000?
Bitcoin experienced notable price swings over the weekend, dipping below $90,000 before quickly recovering.
The initial sell-off triggered long liquidations exceeding $170 million, but as short positions accumulated, BTC rebounded and caught overleveraged bears off guard.
Analysts at QCP Group highlighted these price dynamics on social media Monday.
At the time of writing, BTC appears to be steadily accumulating above $92,000.
“The focus shifts to the FOMC on Wednesday,” QCP analysts said. “A 25 basis point cut is priced in, but balance sheet guidance will steer risk. With $BTC still stuck between 84k and 100k, a break on either side could define the next major trend.”
Support is coming from both institutional dip buyers and retail accumulation, making a breakout toward the $95,000–$105,000 region increasingly likely.
Part of the bullish case stems from an ascending triangle that has formed on Bitcoin’s daily chart since mid-November.
That pattern, combined with compressed volatility and rising spot demand, points to a constructive outlook.
For Bitcoin, a decisive close above $92,000 would put $95,000 within reach and bring resistance in the $100,000–$101,500 zone into focus.
Fresh macro liquidity signals driven by a more accommodative Fed policy would further support a technical breakout.