Bitcoin Price Alert: Should You Buy Before the Fed Announcement Today?
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Bitcoin price climbed above the 50-day and 200-day moving averages after a two-month pullback, trading at $92,503. It remains below its 52-week resistance band, with expectations of a December Fed rate cut influencing market sentiment. This follows significant selling pressure that temporarily destabilized BTC's trend.
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- Bitcoin climbs back above the 50 day and 200 day moving averages after a two month pullback.
- BTC trades below its 52 week resistance band as the yearly range high becomes the next test.
- Polymarket shows a 96% chance of a December Fed cut, shaping risk appetite across crypto.
Bitcoin is executing a technical breakout attempt hours before the Federal Reserve’s final policy decision of 2025. Trading at $92,503, the asset has pushed toward the upper resistance band of its yearly channel, buoyed by near-universal expectations of monetary easing.
The shift follows two months of selling pressure that pushed the asset below its long-term trend levels before conditions began to stabilize in late November.
Related: Crypto Market Stabilizes as Flows Concentrate in BTC and ETH Ahead of Fed Decision
BTC Technical Structure: Reclaiming the Trend
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Coins
$ 63.44K
-3.61%
$ 1.77K
-2.97%
$ 0.00234
-15.6%
$ 1.77K
-2.93%Funds
Predictions Markets
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Share:
In This News
Coins
$ 63.44K
-3.61%$ 1.77K
-2.97%$ 0.00234
-15.6%$ 1.77K
-2.93%Funds
Predictions Markets
See what traders are focused on
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Bitcoin’s selloff is creating the short-heavy setup that could reverse it fast
