Volatility has returned to the crypto market as Bitcoin briefly plunged over 7% to $83,800 before rebounding above $86,000.
This sharp move has turned the first week of December into a potential turning point for how Bitcoin price predictions will unfold heading into 2025.
This sudden shift arrives just as macro data, central bank decisions, and ETF-related catalysts converge, creating what some analysts now call the most consequential two-week window for Bitcoin this entire year.
Critical December Catalysts Shape Market Sentiment
Crypto Bull called this stretch “the most important weeks of the entire 2025 for Bitcoin,” pointing to ETF derivatives approvals on December 15–16, U.S. jobs and CPI data from December 5–10, the December 17 FOMC meeting with rate-cut odds near 75%, and the Bank of Japan’s potential rate hike a day later.
He warned that “one single week decides if we go to $50k or $250k+ in 2026.”
Meanwhile, MN Capital’s CIO, Michaël van de Poppe, said the first days of each month are “usually bearish” and added that QT reductions are still filtering through markets.
He highlighted unemployment data as the key signal for the Fed’s next move, saying “Labor > Inflation,” and suggested that a sharp unemployment rise could spark recession fears and accelerate QE.
He noted that markets have been pricing in these risks for weeks and expects many of them to “unfold in December.”
Bitcoin Price Analysis: $70K or $120K? December Could Be a Game-Changer
Bitcoin is hovering around the $90,000 mark, trading inside a clear descending channel.
The next few days could determine whether BTC breaks out to new highs or plunges to retest deeper support.
If buyers fail to defend this level, a dip toward $80,000 or even $70,000 is possible. Both zones have acted as strong support in the past and could trigger a sharp bounce if tested again.
However, the chart also reveals an equally strong bullish setup.
If BTC holds $90,000 and breaks above the upper trendline near $92,000, it opens the door for a major move toward $110,000, with a path to $126,000 if momentum picks up.
The RSI is starting to lift from oversold territory, suggesting that bullish momentum is slowly building.
This makes the current zone a critical battleground. A breakout above or below will likely define Bitcoin’s trajectory for the rest of the month.
Analysts like VALR CEO Farzam Ehsani say that liquidity remains thin and fragile, but dips toward $60,000 to $70,000 could attract institutional interest, setting the stage for a powerful rebound.
All eyes are now on volume and confirmation as traders wait to see which direction wins.
Maxi Doge Presale Thrive as BTC Volatility Builds
While Bitcoin and major altcoins remain under pressure, Maxi Doge (MAXI) presale has surged past $4.2 million as investors search for high-beta opportunities ahead of what many expect to be a strong 2026 meme-coin cycle.
Its branding as “Dogecoin on steroids” positions it directly within the current meme meta, amplified by the recent launch of the first DOGE-based ETF products.
Investors looking to purchase MAXI tokens can do so at the current presale price of $0.000271, with 73% staking APY, before the funding window closes.
Simply visit the official Maxi Website here and connect a compatible wallet, such as Best Wallet.
Visit the Official Maxi Doge Website HereThe post Bitcoin Price Prediction: This Week Could Define the Whole Year – Everyone is Watching What BTC Does Next appeared first on Cryptonews.
