With bitcoin under $90,000, analysts say this week's macro releases will likely set the tone for the rest of December.
Analysts said Powell's messaging injected "fresh uncertainty," keeping conviction thin and muting the impact of positive ETF demand.
Traders are shifting expectations, with futures markets pricing a nearly 40% chance of another cut by March despite the Fed’s cautious tone.
The firm said bitcoin could move toward $112,000 in the near term, but only if it clears two key resistance levels first.
Total levered short liquidations exceeded $260 million over the past four hours, according to CoinGlass data.
Standard Chartered has halved its end-2025 bitcoin target to $100,000 but noted that the long-term bull case remains intact.
Analysts say improving liquidity conditions could set up a key test of resistance as Bitcoin consolidates above $90,000.
CQ’s Julio Moreno told The Block that if the bear market continues, bitcoin could trade between $70,000 and $55,000 next year.
Vanguard lifted its ban on crypto ETFs, and Bank of America is giving 15,000+ advisers the green light to recommend allocations of 1%–4%.
While BTC has rebounded above $87,000 after a harsh selloff, analysts say liquidity has returned without momentum.
Bitcoin’s drop to $86,000 has coincided with slowing whale accumulation and rising retail buying — a late-cycle pattern that, analysts say, heightens fragility.
Crypto VCs explain what’s behind the crypto correction, whether a bottom is forming, and what they expect next.
The firm noted that exchange activity in ETH and altcoins also remained elevated, putting further downward pressure on prices.
Analysts say ETF flows, onchain stress and critical macro data keep risks elevated despite bitcoin's modest rebound.
Coinbase’s first token-sale test drew broad retail participation, with nearly 86,000 buyers receiving near-full fills of MON tokens.
TD Cowen analysts still expect Strategy (MSTR) to outperform if bitcoin recovers and maintain their $535 price target.
"Amid ongoing market uncertainty, demand for deeply liquid, regulated crypto risk management tools is accelerating," CME Group said.
Analysts say Fed easing and renewed liquidity in 2026 could be key to reversing the crypto market downturn.
Analysts warn structural support is weakening as ETF outflows accelerate, pushing bitcoin to $82,000 and the total crypto market cap below $2.9 trillion.
Retail investors have sold about $4 billion of spot BTC and ETH ETFs in November — the main driver of the latest crypto market correction.
Bitcoin briefly revisted $93,000 after ETF inflows but analysts warn that onchain metrics signal uncertainty around price action.
Analysts say bitcoin's drawdown resembles a short-term reset rather than a cycle-ending shift.
Bitcoin’s recent correction appears to have run its course, according to Standard Chartered’s Geoffrey Kendrick.
Bitcoin's slide under $90,000 may fuel a deepening capitulation phase across crypto, analysts told The Block.
Cboe is set to debut bitcoin and ether “continuous” futures on Dec. 15, offering perpetual-style exposure on a U.S.-regulated exchange.
Crypto products have posted their largest weekly outflows since February, with $2 billion exiting ETPs as policy uncertainty weighs on sentiment.
Bitcoin’s downside from current levels appears to be “very limited,” according to JPMorgan, which sees its support price at around $94,000.
Analysts say ETF outflows and heavy supply above $106K suggest bitcoin remains in consolidation mode as whales buy and macro improves.
Arthur Hayes said ZEC has become the second-largest liquid asset in Maelstrom's portfolio behind BTC, gaining 750% since October.
Analysts flagged early signs of market stability as whales accumulated nearly 30,000 BTC and ETF inflows turned positive.