Bitcoin Price Targets $100,000 as Fed Rate-Cut Bets Soar, but December 1 Sell-Off Tests Bulls
Bitcoin fell below $90,000 on December 1 after a DeFi “Yearn incident,” BOJ rate-hike concerns, and liquidations erased part of last week’s gains. BTIG said Bitcoin’s 36% drop from its $126,000 October high could trigger a rebound toward $100,000. Prediction markets now price an 85–89% chance of a December Fed rate cut.