Bitcoin Price Today, December 8, 2025: BTC Reclaims $91K as Fed Rate-Cut Bets and “Orange Dot” Hype Fuel Rebound

Bitcoin (BTC) is trading back above the $91,000 mark on Monday, December 8, 2025, rebounding from a sharp weekend sell-off as traders position ahead of a widely expected US Federal Reserve rate cut later this week.

At the time of writing, Bitcoin is changing hands around $92,000, up roughly 2–3% over the last 24 hours, after trading between about $87,900 and $92,200 in the past day. ^[1]

Global crypto markets are also in the green: total market capitalization has climbed back above $3 trillion, with Bitcoin still dominating close to 59–60% of the overall crypto market. ^[2]

Below is a detailed look at today’s Bitcoin price, the latest news, on‑chain and technical analysis, and short‑ and long‑term forecasts being published on December 8, 2025.

1. Bitcoin Price Today (BTC) – 8 December 2025

Different data providers show slightly different spot quotes, but they all point to the same story: Bitcoin has bounced strongly from sub‑$88K lows and is consolidating above $91K.

Key intraday stats from major trackers and exchanges:

• Spot price:
  • Around $91,700–$92,000 on major USD pairs. ^[3]
  • Around €78,800 on Coinbase’s EUR pair. ^[4]
• 24‑hour change: roughly +2–3%, depending on the venue. ^[5]
• 24‑hour range: approximately $87,900 (low) to $91,700–$92,200 (high). ^[6]
• Market cap: about $1.8 trillion, keeping Bitcoin firmly at the top of the crypto rankings. ^[7]
• Weekly performance: up around 6% over the last 7 days. ^[8]
• Monthly performance: still down roughly 10% over the last 30 days, despite today’s bounce. ^[9]
• Distance from all‑time high: BTC remains about 25–30% below its euro‑denominated all‑time high (~€108,000 on 6 October 2025). ^[10]

So, even though short‑term traders are enjoying a rebound, Bitcoin is still in a corrective phase compared with its early‑October peak.

2. Why Is Bitcoin Up Today?

2.1 Fed rate‑cut bets and end of quantitative tightening

The main macro narrative driving markets today is the expectation that the US Federal Reserve will cut interest rates at its upcoming FOMC meeting on 9–10 December 2025.

• Coinbase Institutional highlighted that Fed rate‑cut odds have surged to about 90–92%, according to CME futures and derivatives traders. ^[11]
• The Fed also ended its quantitative tightening (QT) program on December 1, removing a key source of liquidity pressure and supporting risk assets like crypto. ^[12]

Coinbase’s research desk argues that improving liquidity and easier monetary policy could mark “the starting line for crypto market momentum to reassert itself,” laying the groundwork for a potential December recovery in Bitcoin and altcoins. ^[13]

2.2 Speculation around a US “Strategic Bitcoin Reserve”

An article from Indian business daily Livemint notes that part of today’s optimism stems from speculation about a US “Strategic Bitcoin Reserve.” ^[14]

• It references policy momentum following a March 2025 directive from President Trump instructing agencies to inventory federal crypto assets, fueling expectations that confiscated BTC could eventually be held as long‑term reserves instead of being auctioned off. ^[15]

While this remains speculative and not an official policy, the idea that a major government might hold Bitcoin on its balance sheet is bullish for long‑term adoption, and traders are clearly paying attention.

2.3 MicroStrategy and the “Orange Dot” spike

Another eye‑catching story today comes from Michael Saylor, executive chairman of MicroStrategy, whose cryptic “₿ack to Orange Dots?” post on X (Twitter) on December 7 appears to have ignited a rapid short‑term price spike: ^[16]

• According to BeInCrypto, Bitcoin jumped from just under $88,000 to above $91,000 in under three hours after Saylor’s post, highlighting the continued market influence of one of BTC’s largest corporate holders. ^[17]
• As of December 8, MicroStrategy holds around 650,000 BTC at an average cost of about $74,400 each, sitting on billions in unrealized profit even after the recent correction. ^[18]

The article also notes that futures data shows long positions slightly outnumber shorts (roughly 52–54% long on major exchanges), while the Fear & Greed Index remains in “extreme fear” territory. ^[19]
That combination—fearful sentiment but aggressive leveraged longs—helps explain why we’re seeing sudden, sharp moves when big accounts or news events hit the tape.

2.4 Broad crypto market rebound and altcoin rotation

Livemint reports that as of this morning: ^[20]

• Overall crypto market cap is back above $3.11 trillion, up about 1.15% in 24 hours.
• Bitcoin’s dominance sits near 58.7%, while Ethereum hovers around $3,100 and many majors are in the green.

Other live blogs, such as 99Bitcoins and CryptoNews, describe Bitcoin reclaiming $91K+ after a weekend dip below $88K, while memecoins and high‑beta altcoins continue to see outsized gains and losses as traders speculate on a potential December “Santa rally.” ^[21]

3. On‑Chain Data and Volume: Capitulation or Calm Before a Rally?

Under the surface, the data is more mixed than today’s green candles might suggest.

3.1 Realized losses and signs of capitulation

An on‑chain analysis summarized by Indonesian exchange Pintu, citing CryptoQuant, points to heavy realized losses over recent days: ^[22]

• Investors recently locked in about $1.7 billion in realized losses versus only $605 million in realized gains—roughly three times more losses than profits.
• This pattern is characteristic of a capitulation phase, where late buyers and weak hands exit the market at a loss.

The same analysis highlights two critical “realized price” support zones—levels that roughly represent the average cost basis of specific holder cohorts: ^[23]

• Around $71,450 for investors who bought 12–18 months ago.
• Around $58,940 for investors who bought 18–24 months ago.

A sustained break below these zones, the report warns, could open the door to deeper downside, but holding above them would strengthen the case that October–November’s sell‑off already marked the cycle’s major low.

3.2 Spot and derivatives volume: declining participation

Separate research from Pintu on “5 important signals of BTC volume decline” notes that: ^[24]

• Spot trading volumes on major exchanges such as Binance, OKX, Bybit, and Gate have fallen sharply compared with earlier in 2025.
• The ratio of spot to derivatives volume has dropped, meaning futures and perpetual swaps dominate activity, while genuine buy‑and‑hold spot demand is muted.

This environment can create the conditions for fast squeezes and fake‑outs—large moves driven more by leverage than by new capital entering the market.

3.3 On‑chain activity and whale behavior

Coinbase’s market stats add more nuance: ^[25]

• They note that on‑chain transaction volume has fallen about 41% recently, even as the BTC price reclaimed the $90K region.
• A 2,000 BTC transfer from long‑dormant “whale” wallets and a buy‑to‑sell ratio near 0.27 (significantly more selling than buying) show that some large, early holders are taking profits into strength.

Taken together, these signals suggest that today’s bounce is not (yet) driven by a surge of fresh spot demand. Instead, it looks more like a liquidity‑driven relief rally within a broader correction, with capitulation signs beginning to appear but not definitively confirming a long‑term bottom.

4. Technical Picture: Key Bitcoin Levels to Watch This Week

4.1 Short‑term support and resistance (intraday)

Several December 8 technical reports converge on a similar short‑term map:

• The Crypto Basic notes that BTC is trading near $91,700, having broken back above its 20‑day simple moving average, and is testing resistance around $92,200–$92,400. Support is seen around $89,000 and $88,280, with a tighter intraday range between $88,282 (support) and $92,244 (resistance) on the 4‑hour chart. ^[26]
• If bulls can push decisively above the $92K–$93K zone, that analysis argues the next upside targets sit near $93,000 and above, whereas a failure could send BTC back to test the high‑$88K area. ^[27]

4.2 Fibonacci support around $91.5K

A widely shared analysis of Fibonacci retracement levels points to the region just below current prices as a crucial support area: ^[28]

• Analysts highlight the 0.382 Fibonacci retracement drawn from the swing low near $76,000 to the recent top around $108,000.
• This level sits roughly in the low‑$91Ks, almost exactly where Bitcoin is trading today.
• A clean bounce from this zone supports the case for a continued uptrend, while a decisive break could expose downside towards $82K and even $76K.

The same report notes that a more dovish‑than‑expected Fed decision could act as a catalyst for a move toward $108K–$116K over the coming weeks if this Fibonacci area holds. ^[29]

4.3 Broader technical structure and targets up to $102K

A detailed technical piece from Brave New Coin describes Bitcoin as stabilizing near $91,200–$91,300 after a ~35% drawdown in the last six weeks and outlines a bullish continuation scenario: ^[30]

• BTC has broken above a long‑term descending trendline and the Ichimoku cloud, hinting at a possible momentum shift back to the upside.
• Short‑term resistance is flagged around $94,500–$95,000.
• If that zone is cleared and support near $88,500–$89,000 holds, the medium‑term technical targets are:
  • Target 1: $94,500–$95,000
  • Target 2: $98,000–$99,000
  • Target 3:$101,500–$102,500

The article also notes that the Puell Multiple, a miner‑revenue metric, sits around 0.67—in a “discount zone” that has historically preceded cycle recoveries, though with no guarantee. ^[31]

4.4 Alternative bearish scenario: deeper pullback toward $62K

Not all technical outlooks are constructive. A more cautious Forex24 analysis published around today lays out a possible “double‑top” and deeper correction: ^[32]

• They foresee the risk of a move up toward resistance near $95,500 followed by a renewed decline.
• In their bearish roadmap, a confirmed breakdown could eventually drag BTC toward the $62,600 region, with a bullish invalidation only above roughly $105,600, which would open the way toward $120,000.

This underscores how sensitive the outlook is to the upcoming FOMC decision and whether BTC can convincingly reclaim the mid‑$90Ks and then $100K.

5. Short‑Term Bitcoin Price Forecasts (Next Days & Weeks)

Plenty of forecasters and models published fresh BTC predictions on December 8, 2025. Here’s how some of them line up.

5.1 Quant and algorithmic models

CoinCodex’s algorithmic BTC model paints a relatively sideways near‑term path: ^[33]

• By December 9, 2025: BTC is predicted to be around $92,688 (+~1%).
• This week (to December 15): forecast range $92,688–$92,175, ending near $92,175 (‑0.55% from today).
• Next week (to December 22): projected range $91,576–$92,175, with a slight drop to $91,576 (‑0.65%).
• Next month (by January 7, 2026): model sees BTC around $89,836 (‑2.11%).

Interestingly, while the price path is nearly flat, CoinCodex labels the overall 2025 outlook as “bearish,” with about 87% of technical indicators flashing bearish signals and only 13% bullish as of this morning. ^[34]

Changelly’s forecasting page similarly shows: ^[35]

• Real‑time spot: about $91,833.30.
• Short‑term forecast: a move to roughly $89,742 by December 10, implying a mild pullback.
• Sentiment: only about 11% bullish, while the Fear & Greed Index sits at 20 (“Extreme Fear”).

5.2 Trader and analyst views for this week

• The Crypto Basic focuses on the 20‑day SMA break and suggests that sustained trading above $92,200–$92,400 could open room toward $93K+, while failure may send BTC back toward $89K–$88K before any renewed push higher. ^[36]
• Livemint quotes derivatives analysts who see a key support zone around $86,000–$87,500 and argue that a successful defense there, combined with a dovish Fed, could fuel a “Santa rally” toward $100,000. ^[37]
• Several Indian and global desks emphasize that leverage was heavily flushed out during October’s crash—over $300 million in liquidations according to one desk—leading to what they describe as a “healthier setup for further upside” if macro conditions cooperate. ^[38]

Put simply, most short‑term models don’t see explosive moves in the next few days, but human analysts are more split, with many eyeing the Fed meeting as a binary catalyst that could either:

1. Trigger a sharp breakout into the $95K–$100K range, or
2. Send BTC back into the mid‑$80Ks (or lower) if the Fed disappoints.

6. Medium‑ and Long‑Term Bitcoin Price Predictions

Longer‑term forecasts published around today span an enormous range—from modest mid‑$90K levels to extremely bullish six‑figure and even seven‑figure targets.

6.1 2025–2026: From cautious to aggressively bullish

• CoinCodex sees Bitcoin trading between about $90,800 and $92,700 through 2025–2026, essentially envisioning a sideways market around current levels with modest upside at best. ^[39]
• Brave New Coin’s current medium‑term chart, by contrast, targets a measured move to around $102,000, assuming BTC consolidates above $90K and holds support near $88,500–$89,000. ^[40]
• An Economic Times piece on Arthur Hayes, co‑founder of BitMEX, notes that he still sees a pathway for Bitcoin to reach $250,000 by year‑end 2025, arguing that the earlier dip toward $80,600 may have marked the market bottom for this cycle. ^[41]

These views underline just how uncertain the next 12 months are: some quantitative models essentially call for price stagnation, while prominent macro‑crypto voices continue to talk about hundreds of thousands per BTC.

6.2 2030 and beyond: Six‑ and seven‑figure narratives

Algorithmic and human forecasters are even more divided over the long run:

• CoinCodex estimates a 2030 BTC price range of roughly $158,000–$305,000, representing potential upside of over 200% from today if the upper target is reached. ^[42]
• The same model suggests Bitcoin could theoretically reach $1 million by late 2040 if long‑term growth patterns persist—but stresses this is a highly speculative projection, not a guarantee. ^[43]
• Other long‑term commentators not covered in detail here go even further, sketching out multi‑million‑dollar Bitcoin scenarios based on hyperinflation, global adoption, or Bitcoin becoming a core part of sovereign balance sheets. ^[44]

Investors should treat these distant projections as thought experiments rather than actionable price targets. The only consensus is that volatility and uncertainty remain extremely high.

7. Bull, Base, and Bear Scenarios After Today’s Rebound

Based on today’s data and the analyses published on December 8, 2025, here’s how the current landscape roughly breaks down.

7.1 Bull case: Fed fuels a “Santa rally” to $100K+

What needs to happen:

• The Fed delivers a 25 bps rate cut and signals a more accommodative path for 2026. ^[45]
• BTC holds above the $90K–$91K region, using the current Fibonacci support as a launchpad. ^[46]
• Price breaks and sustains above $94K–$95K, then $100K, in line with the targets from Brave New Coin and other bullish analysts. ^[47]

In this scenario, Bitcoin could plausibly make a run toward the $100K–$102K area in the coming weeks, with the more aggressive camp calling for $107K–$125K if momentum and liquidity expand substantially. ^[48]

7.2 Base case: Choppy range between $86K and $95K

A more conservative reading of today’s research suggests a sideways, choppy December:

• BTC chops between $86K–$88K support and $94K–$95K resistance as traders digest Fed guidance, macro data, and ETF flows. ^[49]
• Algorithmic models from CoinCodex and Changelly, which essentially cluster around $90K–$93K through the month, broadly fit this view. ^[50]

In this base case, time, not price, does the heavy lifting: Bitcoin consolidates, leverage stays relatively tame, and a new major trend (up or down) emerges in early 2026.

7.3 Bear case: Breakdown toward $80K—or even $62K

The main bearish risks highlighted in today’s coverage include: ^[51]

• The Fed delaying or soft‑peddling rate cuts, reigniting risk‑off sentiment.
• BTC losing the $90K–$91K Fibonacci support and then violating the $88K–$86K zone highlighted by multiple analysts.
• A new leg of forced liquidations as derivatives positioning flips from net‑long to net‑short and low spot volumes amplify the move.

Bearish technical roadmaps point to:

• First, a retest of $82K–$80K, where prior support was found. ^[52]
• Then, if the slide accelerates, deeper support around $71K and $59K, which on‑chain data identifies as key realized‑price zones for prior buyer cohorts. ^[53]
• In an extreme case, one Forex24 scenario sees risk of a move toward $62,600 before a lasting bottom forms—though this is clearly an outlier path, not the consensus base case. ^[54]

8. What Today’s Move Means if You Hold or Trade Bitcoin

For traders and longer‑term holders, today’s rebound offers both opportunity and risk:

• Volatility remains high. Intraday moves of several thousand dollars are still the norm, and the upcoming FOMC decision could easily trigger double‑digit moves in either direction. ^[55]
• Sentiment is fearful but not hopeless. Fear & Greed indicators sit in “extreme fear”, while positioning data shows many traders still willing to bet on upside—an environment ripe for squeezes and fakeouts. ^[56]
• On‑chain and volume data hint at capitulation, but not a clean, unquestionable bottom. Realized losses are large, volumes are subdued, and some whales are selling into strength. ^[57]

If you are considering trading or investing in Bitcoin, it’s crucial to remember:

This article is for information and news purposes only and is not financial advice.
Crypto assets are highly volatile and speculative. You should do your own research, consider your risk tolerance, and, if necessary, consult a licensed financial professional before making any investment decisions.

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