{"id":59998,"date":"2025-11-24T07:16:53","date_gmt":"2025-11-24T07:16:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=59998"},"modified":"2025-11-24T07:16:53","modified_gmt":"2025-11-24T07:16:53","slug":"bitcoin-tests-88000-as-fed-rate-cut-hopes-spark-recovery","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=59998","title":{"rendered":"Bitcoin Tests $88,000 as Fed Rate Cut Hopes Spark Recovery"},"content":{"rendered":"<div>\n<p>Bitcoin prices returned to $88,000 twice over the past few hours, but it was rejected there and sharply retreated on both occasions.<\/p>\n<p>The asset was hovering around $87,000 at the time of writing and has started to recover from its <a href=\"https:\/\/cryptopotato.com\/is-the-crypto-bull-cycle-over-or-is-this-just-a-deep-correction-cryptoquant-offers-insights\/\">dump<\/a> below $82,000 last week as Federal Reserve rate cut odds increase again.\u00a0Analysts are generally confident that we haven\u2019t entered a bear market yet and expect a liquidity injection to push markets higher.<\/p>\n<h2>Bull Market Band Support Lost<\/h2>\n<p><span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">\u201cIt is clear by now that Bitcoin has fully lost its Bull Market Support Band,\u201d\u00a0<a href=\"https:\/\/x.com\/DaanCrypto\/status\/1992700180752388265\" target=\"_blank\">observed<\/a> analyst Daan Crypto Trades on Sunday.\u00a0<\/span>He added that the recent move down has created a $20,000 gap to get back to the band.<\/p>\n<p>However, the asset will return to this level, which is a key area to watch, he said before adding, \u201cWeekly market structure technically still intact as long as the April lows are defended.\u201d<\/p>\n<p>Bitcoin fell to $75,000 in April, but this <a href=\"https:\/\/cryptopotato.com\/bitcoin-loses-90k-support-as-on-chain-data-hints-at-70k-next\/\">correction<\/a> has been much sharper and deeper in terms of the sell-off.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> It is clear by now that Bitcoin has fully lost its Bull Market Support Band.<\/p>\n<p>This had roughly been supporting price all cycle, with a few smaller deviations below.<\/p>\n<p>But this recent move down has made it so there\u2019s over a $20K+ gap to get back to the band.<\/p>\n<p>At some point,\u2026 <a href=\"https:\/\/t.co\/dL15LFlMix\">pic.twitter.com\/dL15LFlMix<\/a><\/p>\n<p>\u2014 Daan Crypto Trades (@DaanCrypto) <a href=\"https:\/\/twitter.com\/DaanCrypto\/status\/1992700180752388265?ref_src=twsrc%5Etfw\">November 23, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Analyst \u2018Rekt Capital\u2019 took a look at the weekly candle, <a href=\"https:\/\/x.com\/rektcapital\/status\/1992720734389735502\">predicting<\/a> that a close above $86,000 could see prices revisit $93,000 \u201cas there is little in the way of supports\/resistance within this region.\u201d The weekly candle closed at $86,820, according to TradingView.<\/p>\n<p>Fellow analyst \u2018Stockmoney Lizards\u2019 <a href=\"https:\/\/x.com\/StockmoneyL\/status\/1992716991174787259\">observed<\/a> a Bitcoin wedge breakdown, RSI at oversold, and panic, which was also seen earlier this year in March and April.<\/p>\n<p>\u201cThe pattern doesn\u2019t care about your narrative. It never does,\u201d they said, pointing out that an all-time high followed the previous similar sell-off.<\/p>\n<h2>Not So Bullish<\/h2>\n<p>However, crypto commentator \u2018Colin Talks Crypto\u2019 wasn\u2019t as bullish, <a href=\"https:\/\/x.com\/ColinTCrypto\/status\/1992608387050226124\">stating<\/a>:<\/p>\n<blockquote>\n<p>\u201cI wouldn\u2019t flip macro bullish, as in new ATHs, too quickly. Relief rally, yes. A bounce was *inevitable* after being so oversold.\u201d<\/p>\n<\/blockquote>\n<p>He added that major key levels must be reclaimed \u201cway above where we are now\u201d to have a chance at reaching new all-time highs. \u201cThere\u2019s no reason to believe this isn\u2019t just an expected, large relief rally,\u201d he said.<\/p>\n<p>BTC was trading close to $87,000 at the time of writing, following a weekend recovery.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-tests-88000-as-fed-rate-cut-hopes-spark-recovery\/\">Bitcoin Tests $88,000 as Fed Rate Cut Hopes Spark Recovery<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin prices returned to $88,000 twice over the past few hours, but it was rejected there and sharply retreated on both occasions. The asset was hovering around $87,000 at the time of writing and has started to recover from its dump below $82,000 last week as Federal Reserve rate cut odds increase again.\u00a0Analysts are generally [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-59998","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59998"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59998\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}