Imagine this: Bitcoin, the rebellious teenager of the finance world, keeps lagging behind its big brothers in tech-those shiny NASDAQ kids. While they’re out here throwing 17% gains like it’s no big deal, Bitcoin’s busy losing 15% and sulking in a corner. Classic.
And just when you thought Bitcoin would crash the party harder-think again-last week, it did a little split from Nasdaq. Price dropped from $94k to below $90k, as if it was saying, “Hey, I’m not really feeling this hype.” All before the Bank of Japan’s rate decision-because why not add some extra spice? 🌶️
What’s Next? Will Bitcoin Keep Whining or Grow a Backbone?
Big macro stuff’s coming-U.S. inflation on Thursday, and the Bank of Japan’s rate chat on Friday. Spoiler alert: the BoJ’s hike is already baked into the cake, according to the Glassnode geniuses. “The 25 basis points are expected,” they say. The real risk? Hawkish guidance making everyone panic. Cheering for a repeat of the 20-30% slide? You might get your wish.
Meanwhile, Bitcoin’s doing a little bottoming out dance in the $85.5-$87k zone. Fancy that-support levels and liquidations doing a conga line. The macro week ahead? It’s basically crypto’s version of a soap opera, with Cliffhangers, shocks, and the possibility of a juicy dip.
Can $83K Support Hold? Or Is It Just a Dream?
On-chain nerds point out that $83k isn’t just some random number-it’s also the average cost basis for U.S. Bitcoin ETFs. So, if it holds, maybe we get a bounce, maybe not. Betting against it? Well, that’s the gamble of the day.
Despite being the tortoise in the race, some say Bitcoin might just turn around if small caps stay stable. Or, as the Dubai derivatives desk suggests, 2026 might be the real showstopper, with a sturdy wall at $94k and some bullish vibes in the air. Think of it as crypto’s version of “Hang in there, kid.” 💪
“CPI and labor data might just give Bitcoin the green light to start rebuilding long positions,” they say. Or, more simply, ‘Hang tight-we got this,’
Final thoughts? Grab popcorn.
- Short-term: Headed into a storm of macro events, but the holders remain hopeful. A little cautious, a little brave.
- Longer term: Bitcoin might do a little dance down to $85k-$87k before doing its “surge” thing. Or, you know, just chilling until the next big thing.
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2025-12-16 05:15