The BTC rebound has created a clean risk-on ripple across the crypto equity basket, and the moves in BMNR, CRCL and MSTR hint that positioning might have reached exhaustion on the downside. What matters now is the path of liquidity. If BTC holds above the 89K to 92K range, the next impulse zone opens toward 97K, with a potential late December test of 100K if volatility compresses. BMNR continues to trade as a leveraged beta play to BTC strength. A break above its recent lower-high structure points to 40 to 45 in a squeeze scenario. CRCL is still one of the cleanest AI x crypto infrastructure names. If BTC pushes for 95K, CRCL could retest the 12 to 14 zone as funding flows rotate back into high convexity names. MSTR remains the institutional torque for BTC. As long as BTC sustains higher l
BTC Drops to $90K: Dip Before the Moon or Trend Shift?
Bitcoin pulled back after Powell delivered a neutral, non-committal tone during the latest Fed meeting. Ethereum, XRP, and Dogecoin also moved lower across the board. Despite the dip, analysts say the long-term setup remains intact—with some even projecting Bitcoin could still surge to $100,000 if current macro conditions play out. Tom Lee added that Ethereum is currently trading like a “future option on the long-term narrative at a discount.” For now, Bitcoin has retreated toward the $90,000 level, leaving traders debating whether this is a buying opportunity or a warning signal.
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