Key Insights
- •A recent Bitcoin price prediction suggests a potential bounce to $93,000 following a dip to $80,600 last Friday.
- •Expert crypto investor and analyst Rekt Capital indicates Bitcoin is at a critical juncture after sweeping liquidity from its demand zones in early March and late April 2025.
- •The Risk-Off Signal has dropped sharply, suggesting that selling pressure has eased and the market may have moved past the worst of the capitulation.
Amidst a bullish Bitcoin price prediction, the price of BTC is showing an upward trend after reaching just above $80,600 last Friday. This movement has boosted market confidence, particularly after two challenging weeks for both technology stocks and cryptocurrencies.
Expert crypto investor and analyst Rekt Capital has stated that Bitcoin's price is currently at a crucial point. This assessment comes after the cryptocurrency swept liquidity from its demand zone, which was established in early March and late April of 2025.
Concurrently, Charles Edwards of Capriole Fund observed that the recent sell-off was driven by traders who were continually adjusting their expectations regarding interest rate cuts. He noted that as the market stabilizes, the subsequent bounce could lead to further increases in Bitcoin's value.
Analysts at Swissblock have also commented on the situation, suggesting that Bitcoin's latest price movement signifies its initial real step toward establishing a bottom. With the price of Bitcoin hovering near $86,774, they believe the market is finally displaying early indications of stability.
Bitcoin Price Prediction: BTC Approaches Crucial Weekly Close
The price of Bitcoin has rebounded from the demand zone it reached in March and April, pushing its value back above $86,000.
Rekt Capital highlighted the significance of this level, explaining that a weekly close above it could propel prices towards his Bitcoin price prediction of $93,000. This target represents a stretch on the chart with minimal resistance.
He further elaborated that if Bitcoin (BTC) encounters resistance at $93,000, the market might enter a weekly range between these two price points.
Michaël van de Poppe also characterized the upcoming week as decisive. He indicated that if BTC manages to reclaim and hold the $90,000–$96,000 range, the probability of a push towards a new all-time high would increase significantly.
Risk-Off Indicator Shows Selling Pressure Is Reducing
Analysts at Swissblock have observed that Bitcoin's price is exhibiting its first concrete signs of forming a bottom. They pointed to a notable sharp decline in their proprietary Risk-Off Signal.
This reduction in the Risk-Off Signal suggests that selling pressure has diminished, and the most intense phase of capitulation is likely behind the market for the present time.
They emphasized the importance of the current week, noting that the market needs to demonstrate a continued decrease in selling activity. They explained that bottoms are rarely formed in a single, smooth movement, and a secondary wave of selling often emerges after the initial decline.
According to Swissblock, this secondary wave typically exhibits less intensity. If the BTC price manages to sustain its value above the previous lows during this secondary wave, it would indicate that sellers are losing momentum.
Consequently, the price of Bitcoin could experience an upward swing, favoring buyers and supporting an optimistic Bitcoin price prediction.
Simultaneously, market sentiment is leaning towards optimism regarding the Federal Reserve's potential decision to cut interest rates in December. The probability assigned to this event has risen from 30% to 70% in prediction markets.
Data from CME’s FedWatch Tool indicates that the market now assigns approximately a 69% chance of a 0.25% rate cut during the Fed's meeting on December 10.
A chart shared by the X account “Global Markets Investor” illustrated this shift, showing how traders rapidly moved from skepticism to renewed confidence in a December rate cut.