Bitcoin and XRP have become central to a bold corporate shift in Japan, with AltPlus announcing that both digital assets will be formally incorporated into its long-term treasury strategy. The publicly listed company disclosed the move in its recent shareholder filing, outlining a multi-layered plan that positions cryptocurrencies as foundational components of its future financial and operational framework. Bitcoin And XRP Lead Treasury According to a post by “BankXRP” on X (formerly Twitter), AltPlus is expected to purchase and hold Bitcoin and XRP through a newly established cryptocurrency purchase and management division. The company frames this step as part of a long-horizon capital strategy supported by blockchain transparency, expanding global regulatory clarity, and the growing institutional acceptance of digital assets. In the filing, Bitcoin and XRP are highlighted for their scarcity, decentralization, predictability, and fast, low-cost transactional capabilities—attributes AltPlus expects will contribute to long-term value growth and broader financial-market utility. Related Reading: XRP Price Is Performing As Expected; Analyst Reveals What Comes Next Moreover, the treasury initiative is designed to strengthen the company’s financial base, diversify revenue streams, and establish a stable earnings engine through staking-based income. AltPlus presents the move as a structured method to enhance capital efficiency and reinforce corporate value over time. The company notes that holding both Bitcoin and XRP aligns its balance-sheet strategy with emerging global trends in digital-asset management and institutional-grade treasury practices. AltPlus also outlines its risk-management system to address crypto-market volatility, liquidity risks, cybersecurity threats, regulatory changes, and speculative trading patterns. The company plans to implement investment-scale limits, a controlled holding-ratio strategy, and a proprietary internal asset-management system to govern acquisition, custody, tracking, and treasury integration. These measures are designed to maintain governance discipline, ensure compliance, and safeguard digital-asset operations as part of the broader corporate structure. AltPlus’ Web3 And Digital-Asset Expansion Beyond treasury allocation, AltPlus frames Bitcoin and XRP as key elements in a broader transition into digital-asset operations and Web3-enabled business development. The filing situates this shift within a global context, noting that major financial institutions and listed companies worldwide are increasingly incorporating crypto assets into holding, settlement, and capital-management functions. Related Reading: Are Dogecoin Whales Leaving The Meme Coin? Large Transactions Crash To 2-Month Lows Building on this trend, AltPlus plans to integrate blockchain infrastructure into its Entertainment and Solutions business. This includes exploring Web3 functionality, token-based engagement models, and digital-asset utilities across its gaming and IP ecosystem. These initiatives are intended to unlock new business models, enhance operational flexibility, and develop internal expertise for a digital-native market environment. The company’s decision to include XRP directly in its treasury strategy is one of the standout elements of the announcement. AltPlus positions XRP as a long-term corporate asset alongside Bitcoin, marking a notable step forward for institutional crypto adoption in Japan. Through treasury transformation, staking-driven income generation, and Web3 ecosystem expansion, AltPlus is creating a strategic framework similar to the high-conviction treasury approach seen at MicroStrategy. At the same time, it is establishing a distinctly Japanese model focused on utility, diversification, and forward-looking corporate innovation. Featured image created with Dall.E, chart from Tradingview.com
Bitcoin (BTC) has continued its relief rally since the start of the week, successfully reclaiming the significant $93,000 mark on Wednesday afternoon. This uptick in the cryptocurrency’s price has sparked mixed sentiments among experts regarding its future direction. Analysts Warn Of Resistance Ahead For Bitcoin IG analyst Chris Beauchamp highlighted the cautious optimism among Bitcoin enthusiasts, who are wary after witnessing numerous false recoveries in recent months. He noted that there appears to be a shift in risk appetite within the stock market, which is gradually spilling over into the cryptocurrency space. However, he pointed out that while last week’s bounce faltered at the $93,000 level, the recent climb above this threshold on Wednesday instills a sense of hope for a more sustained upward movement. Related Reading: Ethereum Fusaka Upgrade Goes Live Today: Experts Predict Potential Supply Crunch Ahead Despite this positivity, analysts warn that more resistance levels are likely to emerge as Bitcoin rallies. Jeff deGraaf from Renaissance Macro Research outlined two significant resistance points to watch: the psychological $100,000 threshold and the $107,000 mark, both amplified by descending moving averages. Adding another layer to the Bitcoin discourse, market analyst CryptoBullet has suggested that the Bitcoin cycle top may already be in place, reached last month above $126,000. Will Altcoins Bounce Back? In a social media post, CryptoBullet pointed out that the performance of altcoins, measured against Bitcoin, indicates a bottoming out. This scenario, while concerning, is not unprecedented. CryptoBullet recalled a similar situation in September 2019 when Bitcoin was consolidating about 30% below its top following an intense seven-month rally after a bear market low. At that time, altcoins also reached their cycle low. In the current context, Bitcoin’s rally has lasted significantly longer—35 months compared to the previous seven-month span. Additionally, altcoins have been on a downward trajectory for over four years, effectively more than doubling the duration of their last bear market. Related Reading: Analyst Says This Needs To Happen For The XRP Price To Rally Again Looking ahead, CryptoBullet anticipates a challenging correction for Bitcoin in 2026, suggesting a bear market could be on the horizon. In the next two to three months, he predicts a potential bounce for altcoins, signaling a liquidity rotation and possibly a “mini altseason” during what he terms a “Dead Cat Bounce” for Bitcoin. This mirrors the events of 2019-2020, when altcoins experienced a relief rally while Bitcoin was on a downward trend. CryptoBullet indicates that a significant altseason is expected in the next cycle, projected for 2027-2029. At the time of writing, the price of BTC is trading just above $93,000, marking gains of 2% and 3% in the 24-hour and seven-day time frames, respectively. Featured image from DALL-E, chart from TradingView.com
According to interviews with Eric Trump and ABTC Executive Chairman Asher Genoot, American Bitcoin (ABTC) has structured its business around one clear aim: add more Bitcoin to its balance sheet. Related Reading: Bitcoin Trail Ends: $29M Seized After European Authorities Shut Down Cryptomixer The firm says it spends less on big management teams and more on mining and buying Bitcoin so each share holds more Bitcoin over time. That metric — Bitcoin per share — is tracked in the same way public companies track earnings per share, the executives said. American Bitcoin Tracks Bitcoin Per Share ABTC’s leaders told investors they treat the number of Bitcoin each share represents as the core performance measure. Genoot said the firm began with a single question: “What do investors actually want from a Bitcoin-focused business?” Based on reports, the answer they reached was simple — grow the amount of Bitcoin held per share. That amount, they say, should rise each day thanks to mining and occasional purchases when markets look attractive. Company Adds BTC ‘At A Steep Discount’ Trump told investor Grant Cardone that ABTC adds new Bitcoin to its balance sheet every day at what he described as a steep discount compared to market prices. According To his comments, the firm also plans to keep buying when conditions are favorable. The approach is straightforward: mine and accumulate rather than chase short-term fiat profits. This strategy is pitched as a way to give shareholders more direct exposure to Bitcoin’s future gains. JUST IN: Trump family-backed #Bitcoin miner American Bitcoin Corp increased its holdings by 363 BTC and now holds a total of 4,367 BTC. ????Bitcoin 100 Ranking: 23???????? pic.twitter.com/hSAK9yLd3u — BitcoinTreasuries.NET (@BTCtreasuries) December 4, 2025 Bullish Price Calls And Timeframes Trump has made very large price forecasts publicly. He forecast $1 million for Bitcoin in late 2024 and repeated that belief during 2025 at a conference in Hong Kong. During a recent interview, he projected Bitcoin could trade above $500,000 within the next four years, marking November 2029 as a benchmark date. Those figures underline why ABTC’s model is built on a long-term and highly optimistic outlook for BTC. Global Demand And Institutional Access Trump pointed to strong demand in many parts of the world as part of his reasoning. He said he sees interest from governments, family offices, big companies, and wealthy individuals. Related Reading: Risk Runs Hot: Massive Crypto Liquidation Wave Slams Traders Overnight Reports have disclosed that regions with weak currencies or high inflation show faster adoption, because people there often want assets that are hard for authorities to seize. He also noted that mainstream financial firms now offer more ways to get exposure to crypto, which he believes makes it easier for everyday investors to buy in. Featured image from ABC News, chart from TradingView
US Senator Cynthia Lummis has reignited speculation that the United States could move to materially increase its Bitcoin holdings, after posting a Bitcoin-themed image on X with the caption: “₿ig things coming for Franklin!” Lummis Revives Strategic Bitcoin Reserve Hype The image is drawn as a children’s book cover titled “FRANKLIN BUYS BITCOIN AND FINDS FINANCIAL FREEDOM.” At the center sits Franklin, a cartoon turtle in a backwards red cap and bandana, seated at a wooden desk. In front of him is a laptop emblazoned with the orange Bitcoin logo, clearly signaling that he is using Bitcoin-related software or services—most obviously, buying or managing BTC. Franklin’s eyes project bright “laser beams” at the screen, echoing the well-known “laser eyes” meme in Bitcoin culture. Related Reading: Bitcoin Blasts To $92,000, Liquidating $182 Million In Shorts On the desk lie physical coins stamped with the Bitcoin symbol, and a glass jar filled with more of these Bitcoin coins. The jar seems to function as a visual metaphor for saving and stacking sats over time. The subtitle “and finds financial freedom” explicitly connects Bitcoin accumulation with the idea of long-term economic sovereignty. Bitcoin-focused accounts immediately interpreted the post as a policy signal rather than a simple meme. Bitcoin Magazine summarized the moment as: “JUST IN: US Senator Cynthia Lummis hints at buying Bitcoin”. Bitcoin Archive went further, claiming: “JUST IN: US Senator Cynthia Lummis hints at a potential US Bitcoin buy. Senator Lummis has recently submitted legislation to have the US government buy 1 million Bitcoin.” Related Reading: Bitcoin And The 2026 Fed Shift: Expert Says Markets Aren’t Ready That reading is consistent with Lummis’ own public rhetoric. On November 5 she wrote via X: “I truly believe the Strategic Bitcoin Reserve is the only solution to offset our national debt. I applaud @POTUS and his administration for embracing the SBR, and I look forward to getting it done.” Her legislation has pushed for a formal US Strategic Bitcoin Reserve and explicitly contemplated the government holding up to 1 million BTC over time. The meme also lands after President Trump’s executive order from March this year establishing a Strategic Bitcoin Reserve framework. While it has become very quiet around the topic, US Treasury Secretary Scott Bessent recently attended the opening of the Bitcoin bar PubKey in Washington. For many in the market, those developments, combined with Lummis’ latest post, suggest that concrete steps toward expanding US Bitcoin reserves may be progressing quietly in the background. So far, however, there has been no official confirmation of state-level Bitcoin purchases. For now, Franklin remains a symbolic turtle with laser eyes at a Bitcoin laptop—but in a market hyper-attuned to political signals, Lummis’ image is being read as the clearest hint yet that the United States could one day be the largest sovereign Bitcoin buyer. At press time, Bitcoin traded at $93,381. Featured image created with DALL.E, chart from TradingView.com
Ripple CEO Brad Garlinghouse predicts bitcoin will reach $180,000 by the end of 2026.
BTC's volatility meltdown offers bullish cues to the spot price.
Bitcoin is approaching a critical tipping point as two powerful bullish patterns, the Cup & Handle and the Inverse Head and Shoulders, align to signal a potential breakout storm. With momentum building and key resistance levels now within reach, the market is bracing for what could be a major explosive move. BTC Climbs Above 93,160 As Cup & Handle Targets 104,000 Charting BTC on the 4-hour timeframe, analyst Kamile Uray revealed that the price is currently moving above the $93,160 level. Uray is closely monitoring the price, as a successful close above this level would confirm the breakout of a recently formed cup and handle pattern. According to this classic pattern, a confirmed breakout targets the $104,000 level. Related Reading: Bitcoin Rallies Into Resistance With Traders Watching for Breakout Confirmation If BTC reaches the $104,000 target without forming a wicking reversal, it would also decisively break the falling blue trendline. Breaking both this trendline and the pattern target would provide strong evidence for the continuation of the overall uptrend. The analyst highlighted that the next major resistances are located at the $98,200 and $107,500 levels. A break above $107,500 and the falling blue trend on the daily chart will serve as the ultimate sign that the long-term uptrend is fully resumed. Uray suggests that retests after the breakout of the pink box ( the handle resistance area) can be evaluated as potential trade entries. The mandatory stop-loss for these trades should be placed at a daily close below the pink box, maintaining strict risk management. Conversely, should the price fail to hold the pink box, the immediate support zone to watch is the $83,822 – $82,477 region below. A bearish scenario is confirmed by a daily close below $82,477, signaling a continuation of the downtrend. In this case, the market would likely seek the next support zone at $74,496 – $71,237, which represents the previous top broken in November 2024. If this zone holds, a major uptrend reversal could be expected again. IH&S Pattern Confirms Reversal Momentum According to a recent update by Crypto VIP Signal, Bitcoin’s recent price action has confirmed a significant bullish reversal. The asset has successfully surpassed the $87,500 mark and has also broken through the key level of $90,000. This upward movement confirms that the Inverse Head and Shoulders (IH&S) pattern has acted as expected, triggering a strong trend reversal signal. Related Reading: Bitcoin Long-Term Holders See First Uptick Since April Lows: Bullish Sign? The analyst noted that the current market structure appears strong because the price increase is being supported by healthy trading volume. With the reversal confirmed, Crypto VIP Signal noted that the next technical benchmark for the market is $95,000, and it will be interesting to see how the price behaves when it tests this resistance point. Featured image from Pngtree, chart from Tradingview.com
Difficulty and network valuation models point to BTC hovering around fair value near $90,000.
The Federal Reserve has officially brought its multi-year quantitative tightening program to a close, freezing its balance sheet at about $6.57 trillion after draining more than $2.3 trillion from the system since 2022. The Federal Reserve’s decision to formally end quantitative tightening has created a sense of anticipation across the crypto market. Liquidity inflows have shaped every major crypto cycle, and removing the multi-year drain on liquidity is expected to set the stage for healthier crypto market conditions and see the Bitcoin price push above $100,000 in the coming days. Policy Shift Meets A Market Still Searching For Direction The Fed has frozen its balance sheet at roughly $6.57 trillion after three years of balance-sheet reduction. Treasury runoff has stopped on December 1, though mortgage-backed securities will continue declining slowly. Related Reading: Finance Expert Says Bitcoin Price Growth Is In ‘Google 2017’ Phase, What This Means Ending QT means that the Fed is stepping away from the rapid balance-sheet reduction that tightened financial conditions throughout 2023 and 2024. The move comes after bank reserves fell to levels that threatened short-term funding stability, and the Fed made the move to halt any further liquidity drain. Crypto investors are expecting the end of QT to relieve some of the selling pressure that has contributed to the crypto industry in recent months. This is due to historical comparisons of how the industry played out in previous ends to QT. In 2019, when the Fed last ended QT, digital assets bottomed within weeks and then entered a strong recovery phase. That period represented a decisive low for altcoins and preceded Bitcoin’s rise from roughly $3,800 to $29,000 over the next year and a half. Interestingly, the entire crypto market’s short-term behavior is starting to show signs of bullishness. Particularly, the entire market is up by 7.2% in the past 24 hours, with Bitcoin leading the charge. However, cryptocurrencies are facing a different macro environment today, and the outlook is whether Bitcoin and other cryptocurrencies can go on another extended bullish rally in the coming months. Why Is Bitcoin’s Reaction Delayed? Ending QT is a meaningful turning point, but it does not automatically flood the system with fresh liquidity. Benjamin Cowen, founder of IntoTheCryptoverse, offers one of the clearest explanations for what to expect. Related Reading: Financial Strategist Debunks Prediction That Bitcoin Price Will Reach $220,000 In 45 Days He noted that in 2019, the Fed announced QT would end on August 1, but the balance sheet continued falling through mid-August because previously scheduled Treasury maturities had not yet settled. It wasn’t until early 2020 that Bitcoin started to experience explosive gains. According to Cowen, the same dynamic applies now. Therefore, the Federal Reserve’s balance sheet could continue edging lower for a few more weeks, meaning the first meaningful uptick in liquidity may not show up until early 2026. This delay suggests that traders hoping for an immediate boost or a quick return of Bitcoin above $100,000 are simply ahead of the cycle. The tightening phase has ended, but the actual recovery in liquidity has yet to begin. Featured image from Pngtree, chart from Tradingview.com
So-called "backwardation" — a futures price curve moving lower in value as time gets further out — can be read as a measure of stress in the market.
The company lifted STRC’s payout after the preferred stock again slipped below its $100 par value.
Employees of the tech giant told The Information that some divisions failed to deliver on their targets in 2025, leading to lower expectations for the year ahead.
Crypto analyst Tony Severino has revealed a historical bearish pattern that could send the Bitcoin price to as low as $42,000. This bearish outlook for BTC comes amid a rebound for the flagship crypto, with a recent surge above the psychological $90,000 level. Bitcoin Price Risks 50% Drop To $42,000 Based On This Pattern In an X post, Severino stated that the Bitcoin price likes to retrace to subwave 3/4 of wave 3/4 of its impulse. Based on this, the analyst indicated that BTC could crash to as low as $42,000 on wave C of this move to the downside. His accompanying chart showed that this decline could happen sometime at the start of next year. Related Reading: Bitcoin Price Can Hit These ‘Realistic’ Bullish Targets Before The Bear Market Begins This bearish Bitcoin price prediction comes amid BTC’s rebound above $90,000 following the end of quantitative tightening (QT) by the U.S. Federal Reserve. The flagship crypto has also rebounded amid optimism of another rate cut at this month’s FOMC meeting. CME FedWatch data shows there is almost a 90% chance that the Fed will lower rates again this month. However, despite these macro positives for the Bitcoin price, analysts such as Tony Severino have suggested that BTC is in a bear market and is likely to trend lower in the coming months. In an X post, he highlighted the BTC monthly chart, suggesting it showed a subtle volume breakout that confirmed a “not-so-subtle” trendline breakdown. Meanwhile, market technician JT described statements that the QT ending is bullish for the Bitcoin price as being a “fallacy.” He alluded to the possibility that the Bank of Japan (BOJ) may hike rates this month as one of the stressors to liquidity beyond QT. Peter Brandt Predicts Drop To Mid $40ks In an X post, veteran trader and analyst Peter Brandt predicted that the Bitcoin price could drop to mid $40,000. He stated that the upper boundary of the lower green zone starts below $70,000 and that the lower support boundary is in the mid $40,000. Notably, Brandt had previously predicted that BTC could drop to around $50,000 before it then rallies to around $200,000 in the next bull market. Related Reading: Bitcoin Price Breaks Below 50-MA For The First Time This Cycle, Why A Crash To $38,000 Could Be Coming The veteran analyst noted that there have been five major bull market cycles for the Bitcoin price since its inception. He further stated that in all previous cycles, the violation of the dominant parabolic advance has been followed by a 75% plus correction with no exception. As such, he expects BTC to undergo another significant correction in this cycle, potentially dropping below $50,000. At the time of writing, the Bitcoin price is trading at around $93,000, up almost 7% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pngtree, chart from Tradingview.com
Macro strategist Alex Krüger is tying Bitcoin’s next macro chapter directly to the coming reshuffle at the Federal Reserve, warning that investors are underpricing how far US rates could fall under a Trump-aligned central bank. In a long X post titled “2026: The Year of the Fed’s Regime Change,” he argues that “the Federal Reserve as we know it ends in 2026” and that the most important driver of asset returns will be a new, much more dovish Fed led by Kevin Hassett. His base case is that this shift becomes a key driver for risk assets broadly and Bitcoin in particular in 2026, even if crypto markets are currently trading as if nothing fundamental has changed. Why The Federal Reserve Will Dramatically Change Krüger’s scenario is anchored in personnel. He notes that prediction platform Kalshi put the odds of Hassett becoming chair at 70% as of 2 December, and describes him as a supply-side loyalist who “champions a ‘growth-first’ philosophy, arguing that with the inflation war largely won, maintaining high real rates is an act of political obstinacy rather than economic prudence.” A few hours after Krüger’s thread, Trump himself added fuel, telling reporters at the White House that he would announce his Fed pick “early next year” and explicitly teasing National Economic Council Director Kevin Hassett as a possible choice, after saying the search had been narrowed down to one candidate. Related Reading: The December Bitcoin Roadmap: The Signals You Can’t Ignore To explain how this would translate into policy, Krüger reconstructs Hassett’s stance from his own 2024 comments. On 21 November, Hassett said “the only way to explain a Fed decision not to cut in December would be due to anti-Trump partisanship.” Earlier he argued, “If I’m at the FOMC, I’m more likely to move to cut rates, while Powell is less likely,” adding, “I agree with Trump that rates can be a lot lower.” Across the year he endorsed expected rate cuts as merely “a start,” called for the Fed to “keep cutting rates aggressively,” and supported “much lower rates,” leading Krüger to place him at 2 on a 1–10 dove–hawk scale, with 1 being the most dovish. Institutionally, Krüger maps a concrete path: Hassett would first be nominated as a Fed governor to replace Stephen Miran when his short term expires in January, then elevated to chair when Powell’s term ends in May 2026. Powell, he assumes, follows precedent by resigning his remaining Board seat after pre-announcing his departure, opening a slot for Kevin Warsh, whom Krüger treats not as a rival but as a like-minded ally who has been “campaigning” for a structural overhaul and arguing that an AI-driven productivity boom is inherently disinflationary. In that configuration, Hassett, Warsh, Christopher Waller and Michelle Bowman form a solidly dovish core, with six other officials seen as movable votes and only two clear hawks on the committee. The main institutional tail risk, in Krüger’s view, is that Powell does not resign his governor seat. He warns that this would be “extremely bearish,” because it would prevent Warsh’s appointment and leave Powell as a “shadow chair,” a rival focal point for FOMC loyalty outside Hassett’s inner circle. He also stresses that the Fed chair has no formal tie-breaking vote; repeated 7–5 splits on 50-basis-point cuts would look “institutionally corrosive,” while a 6–6 tie or a 4–8 vote against cuts “would be a catastrophe,” turning the publication of FOMC minutes into an even more potent market event. On rates, Krüger argues that both the official dot plot and market pricing understate how far policy could be pushed lower. The September median projection of 3.4% for December 2026 is, he says, “a mirage,” because it includes non-voting hawks; by re-labeling dots based on public statements, he estimates the true voters’ median closer to 3.1%. Substituting Hassett and Warsh for Powell and Miran, and using Miran and Waller as proxies for an aggressive-cuts stance, he finds a bimodal distribution with a dovish cluster around 2.6%, where he “anchors” the new leadership, while noting that Miran’s preferred “appropriate rate” of 2.0%–2.5% suggests an even lower bias. Related Reading: Bitcoin Blasts To $92,000, Liquidating $182 Million In Shorts As of 2 December, Krüger notes, futures price December 2026 fed funds at about 3.02%, implying roughly 40 basis points of additional downside if his path is realized. If Hassett’s supply-side view is right and AI-driven productivity pushes inflation below consensus forecasts, Krüger expects pressure for deeper cuts to avoid “passive tightening” as real rates rise. He frames the likely outcome as a “reflationary steepening”: front-end yields collapsing as aggressive easing is priced in, while the long end stays elevated on higher nominal growth and lingering inflation risk. What This Means For Bitcoin That mix, he argues, is explosive for risk assets like Bitcoin. Hassett “would crush the real discount rate,” fueling a multiple-expansion “melt-up” in growth equities, at the cost of a possible bond-market revolt if long yields spike in protest. A politically aligned Fed that explicitly prioritizes growth over inflation targeting is, in Krüger’s words, textbook bullish for hard assets such as gold, which he expects to outperform Treasuries as investors hedge the risk of a 1970s-style policy error. Bitcoin, in Krüger’s telling, should be the cleanest expression of this shift but is currently trapped in its own psychology. Since what he calls the “10/10 shock,” he says Bitcoin has developed “a brutal downside skew,” fading macro rallies and crashing on bad news amid “4-year cycle” top fears and an “identity crisis.” Even so, he concludes that the combination of a Hassett-led Fed and Trump’s deregulation agenda would “override the dominant self-fulfilling bearish psychology, in 2026” — a macro repricing he insists “markets aren’t ready” for yet. At press time, Bitcoin traded at $92,862 Featured image created with DALL.E, chart from TradingView.com
Bitcoin jumped back above key levels on Wednesday, with prices climbing past $93,000 after dipping to $84,400 earlier this month. Related Reading: Bitcoin Trail Ends: $29M Seized After European Authorities Shut Down Cryptomixer The move followed a sharp sell-off that removed about $8,000 from the price late over the weekend, and traders pushed the coin to a 24-hour peak of $93,910 on Coingecko. Bitcoin Climbs Above Key Levels According to MN Fund founder Michaël van de Poppe, regaining ground above $93,000 is important for momentum. He said that if the price holds and breaks higher, a run toward $100,000 becomes more likely. Other analysts echoed the call: Nick Ruck of LVRG Research pointed to macro factors and fresh ETF flows as drivers that could help Bitcoin test six figures in the coming months. This is what you’d want to see. $BTC coming back up again, after a weird move down on the 1st of this month. Now, again, breaking the $92K area is crucial. If that breaks, then I’m sure we’ll start to see a new all-time high and a test at $100K. A great day on the markets. pic.twitter.com/uy6WPabnQ8 — Michaël van de Poppe (@CryptoMichNL) December 2, 2025 ETF Activity And Market Moves Reports have disclosed that ETF-related trading helped lift the market. BlackRock’s IBIT recorded over $1.8 billion in volume within two hours after Vanguard reversed a previous stance, and total spot Bitcoin ETF volume topped $5.1 billion on the day. Market stats showed the broader crypto capitalization rose close to 7% to $3.13 trillion, with BTC dominance climbing to nearly 60%. Bitcoin itself jumped by about 8% after the US market opened, giving larger markets a clear lift. Support Zone Holds Focus Analysts had been watching the $86,000 to $88,000 band as a critical area of support. Based on reports from active market watchers, that range had been tested dozens of times in recent months and holding above it signaled reduced selling pressure. One analyst argued that a break below would likely lead some big players to change tack, moving from buying to selling behavior. Liquidations And Net Inflows Changed The Day Other market observers reported heavy turnover in derivatives and spot markets: over $360 billion in short positions were liquidated, while more than $160 billion was reportedly added back into crypto markets within a 24-hour span. Those figures, if accurate, helped explain the speed of the rebound and the large single-day gains. Related Reading: XRP Is About To Hit A Major Turning Point This Week, Analyst Says What Comes Next For Prices Short-term traders will watch how Bitcoin behaves around $92,000 and whether it can hold above the $86,000–$88,000 floor. Some commentators warned that sudden ETF-driven demand can cause sharp spikes that may not last. Others pointed to possible policy shifts, such as renewed talk of US interest-rate cuts, as reasons why money might flow into major crypto assets in the months ahead. For now, prices sit a little above $92,700 at the time of writing. The market is clearly volatile. Investors and traders will likely need to balance the bullish signs against the risk that a fresh round of selling could wipe gains quickly. Featured image from Gemini, chart from TradingView
Bitcoin has turned itself around with a sharp surge to $92,000, unleashing a fresh wave of short liquidations on the derivatives exchanges. Bitcoin Has Seen A Flash Recovery Back To $92,000 Bitcoin suffered a blow on Monday as its price slipped under $84,000, but just as quickly as it had crashed, the cryptocurrency has made a swift recovery on Tuesday. Related Reading: Bitcoin Long-Term Holders See First Uptick Since April Lows: Bullish Sign? With the asset’s price now floating above $92,000, its price has surged by more than 8% over the last 24 hours. Like is usually the case, Bitcoin hasn’t been alone in this rally; the rest of the cryptocurrency market has also shot up alongside the number one digital asset. Some of the top altcoins have even managed to outperform BTC, with Ethereum (ETH) sitting in a profit of nearly 10% for the past day. The fresh wave of volatility in the sector has triggered a liquidation squeeze in the derivatives market. Crypto Liquidations Have Crossed $400 Million In Last 24 Hours According to data from CoinGlass, the cryptocurrency market as a whole has suffered over $410 million in liquidations during the past day. “Liquidation” here naturally refers to the forceful closure that any contract undergoes after it has amassed a certain percentage of loss (as defined by the platform). Considering that the price action in this window was majorly to the upside, it’s not surprising to see that short contracts made up for most of the derivatives flush. As is visible in the above table, $348 million in short positions found liquidation in the last 24 hours, equivalent to about 85% of the total flush. In terms of the individual symbols, Bitcoin, Ethereum, and Solana were the top three contributors to the liquidation event with $196 million, $95 million, and $18 million in positions, respectively. Just $13 million of the Bitcoin liquidations involved long investors; the rest $182 million in liquidations struck the traders betting on a bearish outcome for the cryptocurrency. A mass liquidation event like this latest one is popularly known as a squeeze. Today’s squeeze involved shorts in an extreme majority, so the event will be termed a short squeeze. During a squeeze, a sharp swing in the price triggers a large derivatives flush, which only ends up feeding back into the price move. The amplified price swing then unleashes a further cascade of liquidations. Related Reading: XRP Crashes 9.5%, But TD Sequential Flashes A Buy Signal Such events aren’t a particularly rare sight in the cryptocurrency market, as assets tend to be volatile and many traders opt for significant amounts of leverage. Featured image from Dall-E, CoinGlass.com, chart from TradingView.com
IBIT options are the ninth largest in the U.S.
Despite a 9% recovery on Tuesday, Bitcoin (BTC) has experienced considerable volatility, with its price plummeting to as low as $84,000 just 24 hours ago. This downturn has had a significant impact on Strategy (previously MicroStrategy) the public company that holds the largest BTC reserves, currently boasting over 650,000 coins. Strategy T-Rex ETFs Plummet Nearly 85% NewsBTC reported that the company’s CEO, Phong Le, suggested the possibility of selling some of their Bitcoin holdings in light of the current market conditions. Alongside this, the company’s leveraged exchange-traded funds (ETFs) have also faced substantial losses, intensifying worries about Strategy’s financial health. Reuters highlighted that Strategy’s leveraged ETFs, which are designed to magnify returns on the firm’s stock, have been among the largest casualties of this year’s cryptocurrency slump. Related Reading: You Won’t Believe How Much Bitcoin Companies Now Hold, What % Of Supply Do They Control? Two specific ETFs, the T-Rex 2X Long MSTR Daily Target ETF and the Defiance Daily Target 2x Long MSTR ETF, have seen dramatic declines, losing nearly 85% of their value this year. Additionally, the T-Rex 2X Inverse MSTR Daily Target ETF has dropped by 48% in the same time frame. In this environment, shares of Strategy, MSTR, have fallen more than 40% this year, driven primarily by Bitcoin’s price crash. Investor attention is now focused on Strategy’s “mNAV” (market net asset value) metric, which compares the company’s enterprise value to its Bitcoin holdings. Following Le’s comments, where he mentioned the firm might consider selling cryptocurrencies if the mNAV drops below 1, concerns grew about the firm’s long-term outlook. Current estimates place this ratio around 1.1, according to calculations by Reuters. Analysts Remain Optimistic Mike O’Rourke, the chief market strategist at JonesTrading, noted that Le’s remarks diminish the company’s message of steadfastness in holding Bitcoin, even amid market volatility. The company has also revised its full-year outlook, warning of a potential profit ranging from $6.3 billion to a loss of $5.5 billion, a stark adjustment from its earlier forecast of $24 billion in net profit. This prior estimate, made on October 30, anticipated Bitcoin reaching $150,000 by year-end. Commenting on the shifting strategies within the firm, Vincenzo Vedda, chief investment officer at DWS, remarked, “Great strategy from Strategy, while prices go up. When they go down, well, the strategic options left to the company are limited.” Related Reading: Here’s What To Expect If The XRP Price Holds $2 Since entering the Nasdaq 100 index, Strategy’s shares have dropped more than 70% from their peak in November 2024, more than halving in value over the year. Despite this dismal performance, analyst sentiments remain relatively optimistic; of the 16 brokerages monitoring Strategy, 10 recommend it as a “buy” while four suggest a “strong buy,” with an overall median price target of $485, reflecting a potential 183% increase over the next year based on LSEG data. When writing, the market’s leading cryptocurrency, Bitcoin, managed to recover the $92,000 line. Featured image from DALL-E, chart from TradingView.com
The recovery followed a washout in derivatives markets, where roughly $457 million in short positions were liquidated in the past 24 hours.
Ether looks north after a confirmed bear trap.
Bitcoin continues to trade below $90,000, struggling to recover after several days of heavy selling and aggressive long liquidations. Sellers keep pushing price lower, and bulls fail to reclaim momentum, creating a market environment filled with uncertainty and fear. Every attempt to bounce meets immediate resistance, showing how much control bears currently hold. Related Reading: Bitcoin Flashes Largest Hidden-Buying Spike of the Cycle Despite Losing $90K Level Data shared by Axel Adler shows a clear shift in derivatives pressure toward buyers. The liquidation dominance oscillator now sits at 32%, one of its highest readings in recent years. This level signals that leveraged bulls keep taking the majority of the damage, with long positions consistently wiped out as volatility rises. Instead of absorbing the drawdown, many traders continue to unwind or get forced out of their positions. These repeated long liquidations fuel deeper downside moves and block any meaningful recovery attempts. The market now watches closely to see whether this wave of forced selling will continue dragging Bitcoin lower or if the pressure is finally reaching exhaustion. Long Liquidations Dominate as Bitcoin Faces Renewed Downside Pressure Adler explains that the liquidation dominance oscillator measures the ratio between long and short liquidations across the derivatives market. When the indicator prints positive values, shown as green bars, long positions take the bulk of the damage. Negative values reflect a dominance of short liquidations. Bitcoin’s current reading of 32% stands out as one of the highest levels seen in the last three years, highlighting how aggressively bulls have been forced out during this correction. November illustrates this perfectly. The market saw three separate waves of long liquidations, each exceeding $400 million. Every one of those spikes aligned with a sharp acceleration in Bitcoin’s price decline, reinforcing how leveraged buyers repeatedly amplified downside momentum. Rather than stabilizing the market, each flush created more selling pressure and triggered deeper unwinding across futures platforms. The most recent liquidation wave reached $221 million, hitting the market right as Bitcoin attempted a short-term recovery. That flush immediately reversed the bounce and dragged BTC back down to the $86,000 region, erasing nearly all of last week’s gains. The persistent dominance of long liquidations shows that bulls remain under heavy stress—and until this dynamic eases, Bitcoin will struggle to build sustainable upside. Related Reading: Massive Ethereum Distribution Continues: Whale Sends Another 5,000 ETH To Binance Bitcoin Market Searches for a Higher Time-Frame Floor Bitcoin’s weekly chart shows the market pressing into a critical support zone after weeks of heavy selling. The price has dropped from the $115,000 region to the $86,000–$88,000 range, where it now interacts directly with the 100 SMA. This moving average has served as a key structural support in previous cycles, and Bitcoin’s current test of it will likely determine whether the broader uptrend holds or breaks down further. The recent candles highlight intense volatility. Bitcoin briefly dipped to nearly $84,000 before buyers stepped in, forming a lower wick that shows early attempts to defend this level. However, the rebound remains shallow, and the 50 SMA continues to slope downward — a sign that short- and mid-term momentum still favors sellers. For bulls to regain control, BTC needs to reclaim $95,000 on a weekly closing basis. Related Reading: Bitcoin Must Break Key Supply Clusters To Regain ATH Momentum – Watch These Levels Volume adds weight to the bearish pressure. Selling spikes dominate recent weeks, revealing a mix of forced liquidations and fear-driven exits rather than healthy profit-taking. As long as BTC trades below the 50 SMA, the market remains vulnerable to deeper retracements. If the 100 SMA fails to hold, the next major liquidity zone sits near $70,000–$72,000, aligning with previous consolidation and the long-term 200 SMA. The next weekly close will be decisive. Featured image from ChatGPT, chart from TradingView.com
Bitcoin has opened December 2025 on the back foot, and market structure around the new monthly candle is already drawing close scrutiny from traders. How Will Bitcoin Perform In December? Sharing a year-to-date chart on X, trader Daan Crypto Trades highlighted a recurring pattern in 2025: Bitcoin often sets its monthly extreme early. “We know by now that the first move does often create the monthly high or low within the first ~12 days,” he wrote. “This happens about 80% of the months.” His chart marks how February’s low, March’s high, April’s low, May’s low, July’s inflection, and the key October and November pivots all occurred within that window, with June and August flagged as exceptions. December, so far, is conforming in form if not yet in outcome. “Price has taken a quick dive straight from the candle open so far in December, leaving no wick above either,” Daan noted. “This doesn’t make for the strongest high.” That kind of immediate one-sided move, he argues, is often revisited: “Good to watch closely in the 1–2 weeks ahead. Often these instant moves from the open, do end getting retested. October was a good example of that recently.” Related Reading: $56,000 Bitcoin Bottom? Burniske Thinks The Market Still Has To Break Zooming in, Daan’s second chart sets out the key levels. After bottoming near $80,714 on November 21, Bitcoin staged roughly a +15% relief rally into a thick prior support-turned-resistance zone in the low-$93,000s. That first test failed, with price rejected and rolling back over. “BTC rejecting from the previous support & resistance area,” he wrote. “Not something you want to see as a bull. Price saw a decent +15% relief rally but has lost steam again after a week already.” On that same chart he plots a short-term Fibonacci retracement from the $93,175 local high down to the $80,714 low. The 0.786 retracement level sits around $83,381, close to spot at the time of posting. “It is early in the week/month,” he added, “and we do often see sharp moves straight from that new monthly candle. These often aren’t the strongest highs/lows set straight at the start of a new month. So good to watch in the days ahead. (You guys also know I love my .786 fib retests so watching closely around this area).” That leaves a clear tactical map: immediate downside levels around the 0.786 retrace and the prior low, with upside conviction only returning if price can re-enter and reclaim the mid-to-high-$80,000s former support zone. A separate post from Daan situates this setup within December’s broader historical profile. Sharing a Coinglass table of Bitcoin’s monthly returns from 2013 onward, he described December as “pretty mixed but [one that] has seen some big outliers with a lot of volatility.” Related Reading: Bitcoin Flashes Largest Hidden-Buying Spike of the Cycle Despite Losing $90K Level The data support that: past Decembers range from large gains above 30–40% to deep drawdowns exceeding -30%. The average December return sits in modest positive territory (+4.75%), while the median is slightly negative (-3.22%), underscoring that there is no simple “Santa rally” effect; instead, dispersion and volatility dominate. For Daan, part of that behaviour is structural. “Don’t be surprised if you see some weird flows at the end and start of the year,” he warned. “Generally this is a period where large holders/funds and such rebalance their books. We might also see the effect of tax loss harvesting at some point.” Those portfolio adjustments and tax-driven trades can magnify moves in both directions, particularly in an asset that still trades with pockets of thin liquidity. His practical takeaway is deliberately conservative: “Good to just be allocated in a way that feels comfortable for you. Whatever the end of 2025 and start of 2026 will bring.” At press time, BTC traded at $87,323. Featured image created with DALL.E, chart from TradingView.com
The prices of Ethereum and Dogecoin have followed a similar trajectory to the Bitcoin price crash as the pioneer digital asset continues to lead the crypto market lower. The muted action from Bitcoin has led to speculations that the market is finally headed into another bear trend after rising over the last few years. In this same vein, a crypto analyst has predicted when they believe that the bear market will really start, and that the current trend could still lead to an eventual pump in the market. Why The Bitcoin, Ethereum, And Dogecoin Prices Could Still Pump Crypto analyst ChainShinobi explained what is going on in the market, predicting that the trend could end up going against what investors are expecting at this time. According to the X post, while everyone is currently calling for lower prices, it could lead to another pump that culminates in the final top for the crypto market Related Reading: Dogecoin ETFs Flat At Launch, But TA Points To $1 If This Support Holds ChainShinobi predicts what they refer to as “a face-melter”, the type of rally that no one sees coming and takes the likes of Bitcoin, Dogecoin, and Ethereum to possibly new all-time highs. However, instead of using this time to call for higher prices, the analyst believes that it is the best time for investors to actually get out of the market. This pump, which the analyst refers to as an exit window, could provide investors one final chance to actually get out of the market before another price crash. This is “The moment to lock in massive profit while everyone else is busy blinding themselves with hopium and pushing their targets higher and higher… the same way they dragged their targets lower and lower right now,” the crypto analyst said. The Same Wave Every Cycle As for when the Dogecoin, Ethereum, and Dogecoin prices could move into the next bear market, the crypto analyst tells investors not to expect it until next year. More precisely, ChainShinobi believes that the bear market will fully begin by the end of the first quarter of 2025. Related Reading: XRP Price At A Critical Turning Point: Analyst Maps Out Simple Rules For Breakout When the pump comes, the analyst warns that there could be an influx of bullish sentiment, with bullish news flooding the market. But it is during this time that the market is expected to turn. Essentially, the bear market is expected to begin when investors least expect it. “It’s pretty easy to see what’s coming. You don’t need to overdo TA or PA right now to see the path laid out,” the post read. Featured image from Dall.E, chart from TradingView.com
On-chain data shows that the Bitcoin investors with a holding time greater than six months have seen an upward reversal in their supply for the first time in months. Bitcoin Long-Term Holder Supply Has Just Turned Around As pointed out by Capriole Investments founder Charles Edwards in a new post on X, the 6-month inactive supply has recently witnessed its first uptick since April. This part of the supply, covering tokens that have been dormant (that is, not involved in any transaction on the blockchain) since at least six months ago, belongs to investors popularly known as long-term holders (LTHs). Related Reading: XRP Crashes 9.5%, But TD Sequential Flashes A Buy Signal Statistically, the longer investors keep their coins dormant, the less likely they are to sell them in the future. As such, the LTH cohort with its relatively long holding time includes the resolute hands of the market. Despite their resilience, however, these investors have participated in selling during the past few months. Below is the chart shared by Edwards that shows the trend in the amount of supply dormant for longer than six months. As is visible in the graph, the drawdown in the Bitcoin LTH supply changed for the worse during the cryptocurrency’s crash last month, indicating that the diamond hands took part in a significant amount of distribution. Since this selloff, however, the decline in the metric appears to have paused, at least for now. There has even been a small increase in the indicator recently, a potential sign of a shift in investor behavior. Something to note is that while drops in the LTH supply can correspond to selling that’s occurring in the present, the same isn’t true in the case of an increase. An uptick in the metric isn’t a sign that members of the cohort are buying right now. Rather, it suggests some accumulation occurred six months ago, and now those coins have been held long enough to mature into the group. That said, the trend is naturally still a positive sign for Bitcoin, as it implies HODLing behavior could be becoming more dominant on the network. The last time such a shift occurred was around the time of the cryptocurrency’s lows back in April. Related Reading: Ethereum Speculators Add $654M In Bets As Price Plunges To $2,800 What followed that LTH supply rise was BTC’s rally to new all-time highs (ATHs). Considering this, it only remains to be seen whether the latest shift toward long-term holding will lead to anything similar, or if the cryptocurrency’s decline is here to stay this time around. BTC Price Bitcoin briefly slipped under $84,000 on Monday, but its price has since seen some recovery as it’s now back at $87,500. Featured image from Dall-E, Capriole.com, chart from TradingView.com
Network reset complete: leverage flushed, LTHs accumulating and price back above fair value.
A key long-term indicator comparing Bitcoin to gold has just triggered a signal not seen before in market history. Analysts say such extreme compression typically precedes violent directional moves, and the fact that it’s happening at the intersection of two global safe-haven assets makes the setup even more significant. With BTC outperforming gold for over a decade, this rare signal suggests that the next phase of the BTC vs Gold battle could rewrite long-term market expectations. What Happens After A Historic Squeeze? The Bitcoin versus Gold monthly Bollinger Bands are expanding from the tightest reading in history. A chartered market technician and Bitcoin trader, Tony “The Bull” Severino, revealed on X that the price is currently sitting at the lower Bollinger band, and a decisive close below will trigger a sell signal as the bands expand from a squeeze setup. Related Reading: Analyst’s Full Market Breakdown Shows Why Bitcoin Price Is Headed For $120,000 According to TonyTheBullCMT, this setup creates the potential for a significant trending-down move, which is the first major downtrend on the BTC against Gold chart. This might look the same against the USD, so don’t expect it to translate 1:1 there. However, it is becoming increasingly clear that Gold looks ready to overshadow BTC. If BTC is at % billion in the middle and falling into that lower greenish section, it won’t be a good sign for BTC in this ratio. The weekly Bollinger Bands on this pair were the tightest ever in history, and since they began to expand, BTC dropped over 25% in a couple of weeks. Meanwhile, the monthly signal is at least 4x stronger. Bitcoin has been in a brutal downtrend throughout the year. Crypto analyst Zynx has pointed out that BTC is now sitting almost 50% below its all-time high against Gold, and the ratio shows that the crypto king has effectively been in a bear market for an entire year of 2025. Over the last 12 months, BTC has been down 45% against Gold. At this point, it would need to rally 99% to surpass its previous all-time high against Gold, which shows that BTC must hit around $170,000 before it can begin to claim a true bull market. Bitcoin And Gold Ratio Hits A Statistical Low Rarely Reached Bitcoin has reached one of its rarest valuation points relative to gold in more than a decade. An analyst and founder of GREEND0TS, Stacy Muur, highlighted that the BTC/Gold ratio has just dropped below the statistical lower boundary of a 15-year power-law model. Related Reading: Can The Bitcoin Price Explode To $200,000? The Gold Chart That Tells It All Interestingly, BTC has breached this level only once before in late 2017 and snapped back within weeks. Historically, when BTC gets this incredibly cheap compared to Gold, it doesn’t stay cheap against Gold for long. This is not a timing signal; rather, it is a rare statistical anomaly worth watching. Featured image from Pngtree, chart from Tradingview.com
Bitocin treasury companies continue to accumulate a significant amount of BTC despite current market conditions and now control around 5% of the total BTC supply. These companies are led by Michael Saylor’s Strategy and Metaplanet, which have recently raised fresh capital to buy the dip. Bitcoin Treasury Companies Now Hold Over 1 Million In BTC Bitcoin Treasuries data shows that the top 100 public Bitcoin treasury companies currently hold 1,058,929 BTC, while all public companies combined hold 1,061,697. Notably, Strategy is the largest public Bitcoin holder with 650,000 BTC. Michael Saylor’s company yesterday announced another 130 BTC purchase for $11.7 million. Related Reading: Strategy’s Crash Rumors Intensify, CEO Reveals When $46 Billion In Bitcoin Will Be Sold Meanwhile, the second-largest Bitcoin treasury company is BTC miner MARA holdings, which holds 53,250 BTC. Tether-backed Twenty One Capital, Metaplanet, and Bitcoin Standard Treasury Company complete the top 5, with 43,514, 30,823, and 30,021 BTC, respectively. Meanwhile, companies like Coinbase, Bullish, and Trump Media are among the top 10 largest BTC treasury companies. It is worth noting that these public companies account for only a part of the Bitcoin treasuries. Further data from Bitcoin Treasuries shows that there is currently 4 million BTC in treasuries as a whole, including the coins held by governments, private companies, exchanges, DeFi platforms, and ETFs. BlackRock is currently the second-largest Bitcoin holder, only behind Satoshi Nakamoto. Strategy is third on the list, while Binance and the U.S. government complete the top 5, with BTC holdings of 628,868 and 323,588, respectively. The 4 million BTC held by these treasury companies as a group accounts for 19% of the total Bitcoin supply. Bitcoin treasury companies such as Strategy and Metaplanet have raised new capital amid the recent crash to buy more BTC. Saylor’s company recently raised $836 million from its STRE offering, which it used to buy 8,178 BTC. Meanwhile, Metaplanet raised $130 million to expand its BTC treasury. More Companies Set To Adopt Bitcoin More Bitcoin treasury companies are set to emerge as $10 trillion asset manager, Vanguard, will start offering BTC ETFs from today. Notably, some companies gain BTC exposure through these ETFs rather than buying Bitcoin directly. On-chain analytics platform Arkham Intelligence revealed that the largest U.S. bank, JPMorgan, holds $300 million worth of BlackRock’s BTC ETF. Related Reading: Analyst Who Predicted Bitcoin Price Action With Chinese Astrology Shares When Prices Will Surge Meanwhile, it is worth mentioning that Bitcoin treasuries such as Strategy are coming under immense pressure amid the current market downtrend. Strategy’s CEO, Phong Le, admitted that they might have to sell Bitcoin as a last resort to fund dividend payments if their mNAV drops below 1x and they can no longer raise capital. At the time of writing, the Bitcoin price is trading at around $87,000, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pngtree, chart from Tradingview.com
The collapse marks yet another disappointing Trump family crypto-related investment.
The company also plans to sell shares to fund the repurchase of existing debt.
Helping the mood in crypto were moves by institutional giants Vanguard and Bank of America to open up digital assets to their clients.