Bitcoin's Santa Rally: Price, Fed, & Historical Perspective
Update: 2025-12-08
Description
Bitcoin hovers above $90,000, with traders eyeing key resistance and potential dips, as markets await the Federal Reserves final interest rate decision. Experts are divided on Bitcoins next move, with some predicting a retest of the $95,500 level and others seeing a drop to the $87,000 zone. Analysts remain optimistic, suggesting Bitcoin could break upwards and rally towards $100,000. The Federal Reserves meeting on Wednesday is a key event, with markets expecting a quarter-percent interest rate cut. Bitcoins current price cycle is compared to 2022, with some analysts suggesting a long-term price bottom is near.
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