The price of Bitcoin (BTC) rose above $89,000 on Monday, signaling renewed bullish momentum. The flagship coin turned bullish in the last week of November, following a series of heavy liquidations from long traders over the past four weeks.
Robust fundamentals favor a bullish outlook for the Bitcoin price
Traders expect a Fed rate cut in December, amid rising global liquidity
Bitcoin price is well positioned to continue rising in the coming days and weeks, fueled by a supportive macroeconomic environment. Polymarket and Kalshi traders have increased their bets for a 0.25% Fed rate cut in December 2025.
The chances of a Fed rate cut by 25 basis points next month rose to about 80% after the New York Fed president John Williams showed his openness to a cut. Moreover, New York is a major financial and economic hub in the United States, a sign to many traders that Chairman Jerome Powell’s inner circle may support the move at the next meeting.
Meanwhile, crypto traders expect the Fed’s upcoming quantitative easing (QE) to increase overall money inflows amid rising global money supply.
Increasing global economic activities
The medium-term outlook for Bitcoin is likely to remain bullish, fueled by rising global economic activity amid strong crypto conviction from institutional investors.
Strikingly, global economic activity has recovered significantly since China and the United States buried their hatchets. On Monday, US President Donald Trump and President of the People’s Republic of China Xi Jinping reaffirmed the countries’ commitment to the newly forged bilateral ties.
“Our relationship with China is extremely strong! This call followed our very successful meeting in South Korea three weeks ago,” the White House said. noted.
Highly convinced institutional whale investors
The BTC price is likely to explode to a new all-time high amid surging demand from highly convinced institutional whale investors. Michael Saylor, co-founder of Strategy, reiterated the company’s strong financial position to hold and buy more Bitcoins, backed by highly liquid investors.
What’s next?
From a technical analysis perspective, the BTC/USD pair has been on the verge of registering a parabolic move towards a new all-time high, comparable to gold, in recent months. Moreover, the supply of stablecoins has increased in the recent past, indicating notable buying pressure.
Trust CoinPedia:
CoinPedia has been providing accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict editorial guidelines based on EEAT (Experience, Expertise, Authoritativeness, Trustworthiness). Each article is fact-checked from reputable sources to ensure accuracy, transparency and reliability. Our review policy ensures unbiased evaluations when recommending exchanges, platforms or tools. We aim to provide timely updates on everything crypto and blockchain, from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making any investment decisions. Neither the writer nor the publication accepts responsibility for your financial choices.
Sponsored and Ads:
Sponsored content and affiliate links may appear on our site. Ads are clearly marked and our editorial content remains completely independent from our advertising partners.