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Technical analysis by John_Isige about Symbol BTC on 12/8/2025

https://finbeet.com/message/3970413
John_Isige
John_Isige
Rank: 16113
1.4

BTC/USD — Bears Defend 93.75K: Risk Extends Toward 75K

Message Type:Neutral
Price at Publish Time:
$90,007.03
،Technical،John_Isige

BTC/USD spent last week inside the 93,750–87,500 range, failing to break higher despite growing expectations of a Fed rate cut on December 10. CME FedWatch shows ~90% odds of a 25 bp cut, but Powell’s earlier remarks about a potential pause keep uncertainty elevated. Despite a minor rebound, upside remains capped. Investors reacted negatively to the U.S. National Security Strategy, which ignored crypto entirely while highlighting AI and quantum tech as critical national priorities. ETF flows also signal persistent risk aversion: Bitcoin ETFs recorded $87.7M in net outflows, while the Fear & Greed Index remains in Extreme Fear (20). Given this backdrop, a sustained bullish recovery looks unlikely even if the Fed delivers a dovish decision. ⸻ Market Structure BTC trades inside a long-term downtrend, with a short-term rebound failing at the upper boundary of the range. A clean break above 93,750 (Murray [3/8], 61.8% Fib, upper BB) would open a move toward 100,000 and 106,250, but sellers continue to dominate. A breakdown below 87,500 (Murray [2/8]) would trigger continuation toward the cycle lows at 75,000 and 68,750. Technical indicators maintain a bearish bias: • Bollinger Bands → flat • Stochastic → turning down • MACD → stable in negative territory Momentum remains weak. ⸻ Key Levels Resistance: 93,750 • 100,000 • 106,250 Support: 87,500 • 75,000 • 68,750 ⸻ BTC/USD — Trading Scenarios (Weekly) Primary Scenario — SELL STOP Entry: 87,450 Take Profit: 75,000 • 68,750 Stop Loss: 92,300 Bias: Bearish continuation below key support ⸻ Alternative Scenario — SELL LIMIT Entry: 100,000 Take Profit: 75,000 • 68,750 Stop Loss: 104,000 Bias: Fade the rally into resistance

Source Message: TradingView