Bitcoin's price dipped over 7% under $84k, with significant selling pressure from wall street and macro headwinds from asia. analysts describe this week as 'pivotal' for the 2025 candle.
The article from cointelegraph cites reputable trading firms (qcp capital) and well-known crypto analysts (killa, michaël van de poppe), along with market data from tradingview.
The immediate price action is bearish due to wall street selling pressure, bearish developments in asia (japan's interest rate hike, thin liquidity, potential corporate treasury selling), and a negative coinbase premium. despite some analysts seeing a 'massive opportunity' at these levels, current sentiment is overwhelmingly negative.
The 'next few sessions' and 'this week' are highlighted as pivotal for determining bitcoin's performance into 2025, indicating an immediate-term decision period with long-term implications.
William Suberg 2 minutes ago BTC price dips under $84K as Bitcoin faces ‘pivotal’ week for 2025 candle Bitcoin fell further thanks to Wall Street selling pressure, while analysis predicted a key few days for the 2025 BTC price candle. Listen 0:00 Market Update COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin ( BTC ) hit new local lows after Monday’s Wall Street open as analysis warned of “rising” macro headwinds. Key points: BTC price action plumbs new local lows as daily losses pass the 7% mark. Bitcoin faces multiple macro tailwinds from Asia, exacerbating already weak liquidity conditions. A trader says that this week’s sessions will decide the fate of 2025 performance. Wall Street selling pushes BTC price lower Data from Cointelegraph Markets Pro and TradingView showed daily BTC price losses passing 7% as BTC/USD reached $83,814 on Bitstamp. BTC/USD one-hour chart. Source: Cointelegraph/TradingView A grim weekly and monthly candle close gave bears the edge, and as US traders returned from the Thanksgiving holiday, crypto saw little relief from sell pressure. “The selloff was triggered by a string of bearish developments across Asia,” trading outfit QCP Capital summarized in its latest “ Asia Color ” market update. QCP referenced several hurdles for crypto to overcome in the short term. These included Japan hiking interest rates , thin market liquidity and the notional risk of Strategy selling its Bitcoin corporate treasury holdings. By contrast, Monday formally marked the end of the US Federal Reserve’s quantitative tightening (QT) run, opening the door to risk-asset capital inflows. “The critical question now is whether BTC can defend prior lows as bearish sentiment builds. This will hinge on liquidity conditions and Strategy-related flows. BTC’s rapid adjustment to liquidity shifts remains a defining trait, and this morning’s drop underscores that sensitivity,” it wrote. “With US liquidity easing and macro headwinds from Asia intensifying, the next few sessions will be pivotal in determining whether BTC can end 2025 in the green.” BTC/USD 12-month chart. Source: Cointelegraph/TradingView Bitcoin presents “massive opportunity” below $90,000 Among traders, the mood was predictably grim. Related: ‘Inevitable’ $50K BTC price crash: 5 things to know in Bitcoin this week Bearish arguments leveraged multiple factors, including the Coinbase Premium flipping negative after a “green” spate of just three days. $BTC Dumped 5% today and only now we have increasing OI with price bleeding, shorts chasing this. Also, Coinbase discount is back, not good. Bearish vibes. pic.twitter.com/1V0DjBLuhB — exitpump (@exitpumpBTC) December 1, 2025 “Lets keep it simple. We need to hold above 85.2K,” trader Killa told X followers after the Wall Street open. “Lose that > structure remains in bearish territory. We need to reclaim the previous weekly open. (86.8K). Above 87K an we can retest the weekly open.” BTC/USD one-week chart. Source: Killa/X Crypto trader, analyst and entrepreneur Michaël van de Poppe was among those offering a slightly more positive outlook, arguing that the market was in the process of establishing a reliable floor. “Whatever reason took down the markets again, the sentiment remains the same,” he wrote in an X post on the day. “Bitcoin forming a bottom formation takes a bit of time before it's finalized. Once that is done, I expect $ETH to outperform the markets.” Van de Poppe described BTC/USD trading below $90,000 as “a massive opportunity to be scooping cheap positions.” This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. # Bitcoin # Bitcoin Price # Markets # Market Analysis Add reaction