Bitcoin price remains steady above $93,000, showing a recovery from recent declines. The cryptocurrency has bounced back following a market surge, but is still facing resistance at key price levels.
The cryptocurrency market has risen 0.56% over the last 24 hours, which follows a 1.98% rise over the week. Other large cryptocurrencies, such as Ethereum (ETH), Solana (SOL), and XRP, have gained slightly as well, which is also adding to the overall crypto market recovery.
92% Chance of Rate Cuts by Fed in 2025, Market Predicts
The chance of Federal Reserve making three rate cuts in 2025 has soared to an all-time high of 92. This is seen to be a change of market expectations given the traders in the Kalshi platform, where traders gamble on different economic events.
The corresponding colleagues depict a sharp rise in the likelihood of precisely turning three rate reduction, which indicates a significant change of heart in the market.
In Kalshi, almost 19 million of the trading volume is registered, which shows the extent to which traders are attentively following the decisions made by the Federal Reserve.
JUST IN: 🇺🇸 Odds of 3 rate cuts in 2025 hit new all-time high of 92%, per traders on Kalshi. pic.twitter.com/YMgXRkdXDL
— Whale Insider (@WhaleInsider) December 4, 2025
Analyst Predicts Bitcoin Price Could Reach $100K
Crypto analyst has given an update on the price movement of Bitcoin, pointing to its present trading between $93,000 and 94,000. In his analysis, the subsequent actions of Bitcoin will be based on how the latter will respond to this critical threshold.
As explained by analyst, when Bitcoin price outlook succeeds to break through and stay in this range, it may possibly push the price to as high as the $100,000 range.
In case BTC experiences resistance and gets rejected at this point, however, it can lead to a decrease, and Bitcoin might drop to lower than $90,000.
$BTC is still stuck in the $93,000-$94,000 level.
A reclaim of this level will open the doors towards the $100,000.
A rejection from this level will push Bitcoin below the $90,000 level. pic.twitter.com/Ng0hdmplXA
— Ted (@TedPillows) December 4, 2025
On December 4, 2025, the BTC price climbed to $93,023, marking a surge of 2%. The BTC price gained momentum as it approached the $95,000 mark.
The Chaikin Money Flow (CMF) indicator is positive, with the value of 0.11 indicating positive market sentiment. This indicates that a stronger buying pressure exists as compared to the selling activity.
Source: BTC/USD 4-hour chart: Tradingview
In the meantime, the Moving Average Convergence Divergence (MACD) shows a positive crossover. This indicates a further uphill effect in the short run.
