Trading

Bitcoin has gained approximately 12% since December 1, 2025, when the Federal Reserve officially ended its Quantitative Tightening program. The advance coincides with inflation data from Truflation showing a year-over-year rate of 2.45%, down from 2.7% in November. Markets are pricing in an 87.2% probability of a 25 basis point rate cut at the upcoming Federal Open Market Committee meeting, according to CME FedWatch.

Zcash rose following its integration on Bitget's trading platform. Open Interest increased over 11% to $946.46 million as derivative positions expanded. Short sellers faced $3.64 million in liquidations versus $678,000 for longs, data show.

Two early Bitcoin wallets transferred a combined 2,000 BTC worth over $178 million on December 5. The wallets had been inactive since 2011 and 2012 before executing full-balance transfers. Data show the movements appear to be consolidation activity rather than immediate exchange deposits, occurring as Bitcoin traded near $89,300.

Cryptocurrency analyst Miles Deutscher stated on December 4 that he assigns a 91.5% probability to Bitcoin having already reached its cycle low. His assessment draws on four factors: the market's resilient response to negative headlines, historical patterns during clusters of fear-driven news, a shift in capital flows from aggressive selling to stabilization, and improving global liquidity conditions.

Wallets holding between 10 and 10,000 BTC accumulated 47,584 BTC in early December, reversing a two-month selloff of 113,070 BTC between October 12 and November 30, data show. The accumulation has stabilized price action. However, continued retail buying may limit upside momentum compared to previous accumulation-driven rallies when retail sold while whales accumulated.

Bitcoin dropped below $90,000 after more than $200 million in leveraged positions were liquidated over a four-hour period. The decline coincided with the expiry of $3.357 billion in BTC options at a max pain point of $91,000. Analysts indicate that failure to hold support at $84,000 could extend losses toward $76,000.

Bitcoin is testing the $100,000 level amid structural market pressure. The Growth Rate Difference metric has turned negative at -0.00095, showing market capitalization is declining faster than realized value, data show. The cryptocurrency traded near $92,000 at the time of analysis, with support zones identified between $85,000 and $87,000.

Bitcoin retreated to around $89,000 after dropping below $90,000, with the Crypto Fear & Greed Index remaining near 25. Major tokens posted losses, with BTC down 3.16%, ETH falling 3.45%, and SOL declining 5.69%. Market participants show limited conviction ahead of the typical year-end rally window.

Bitcoin dropped below $90,000 on December 5, 2025, trading near $89,200. Technical indicators show an RSI of 41 and negative MACD readings, pointing to sustained bearish momentum. Liquidations totaling $167 million—primarily long positions—have amplified selling pressure across the market.

Bitcoin declined sharply after economic growth warnings triggered a wave of liquidations in derivatives markets, producing an 11,588% imbalance between long and short positions. Long positions accounted for over $115 liquidated for every $1 in shorts, data show. The selloff followed remarks suggesting first-half growth would miss expectations, prompting rapid exits from leveraged positions.