Bitcoin (BTC) price surged above $94k following the Federal Reserve’s 25 bps rate cut on December 10, 2025. The leading cryptocurrency showed a bullish trend after Fed Chair Jerome Powell announced plans to inject liquidity in the upcoming months.
As per the Fed’s statement, they will buy $40 billion in short-term treasury securities for the next 30 days starting from December 12, 2025. This move is expected to favor Bitcoin as investors embrace risk-on behavior amidst a supportive macroeconomic environment and clear regulatory guidelines.
Bitcoin Price Targeting $99k Amid Minimal Selling Pressure
According to CryptoQuant’s onchain data analysis, Bitcoin has witnessed low selling pressure recently. This could propel BTC price towards $99k, aligning with the lower boundary of the Trader Realized Price.
The $99k resistance level holds significant psychological importance, where retail traders are likely to turn bullish. CryptoQuant also highlighted that Bitcoin must consistently close above the resistance range of $102k to $112k to confirm a rally towards a new all-time high (ATH).
According to crypto analyst @PrecisionTrade3, the BTC/USD pair is poised to surpass $100k soon based on the Elliott wave principle. The analyst emphasized that Bitcoin has established strong support above $84k, indicating a renewed bullish momentum ahead.
Despite concerns from bearish proponents about a downward trend in 2026, Cathie Wood mentioned that the four-year crypto cycle has weakened due to increased institutional adoption.
