Bitcoin Price Forecast: Fed’s 25bps Rate Cut May Spark BTC Rally Above $100K
The Federal Reserve has reduced interest rates by 25 basis points in its latest FOMC meeting, with Bitcoin holding steady around $92,000. Analysts believe Bitcoin could break above $100,000 if current support levels hold, especially with the upcoming Treasury bill purchases by the Fed injecting liquidity into risk assets.
The Fed's target for a 2% inflation rate aims to ensure optimal economic conditions. While Goldman Sachs forecasts modest inflation decline by December 2026, CME Group expects the Fed will hold off on further rate cuts until June. The upcoming purchases of US Treasury Bills, starting December 12, represent a direct liquidity boost that could benefit Bitcoin, potentially sparking a rally.
Bitcoin has formed a double-bottom pattern near the $83,000 support, suggesting a potential trend reversal. If Bitcoin can maintain support above this level, the next key resistance lies at $100,600, with the possibility of further gains towards $108,000. A drop below $90,000–$92,000 could derail this potential breakout and revisit the $83,000 demand zone.
Bitcoin Hyper ($HYPER), a project in its presale stage, is attracting attention from investors, raising almost $30 million. The project offers an innovative Layer 2 solution for Bitcoin, improving its speed and scalability while retaining security. As institutional investors flock to Bitcoin Hyper, the demand for $HYPER tokens is expected to grow.
Blockchain Expert