Bitcoin 
$91,270.62 Its price exceeded 90 thousand dollars, as expected, as the US markets went on holiday. Historically, the period between Thanksgiving and Christmas is a bullish period for stocks. The stock market made gains yesterday as the latest decline in cryptocurrencies was also largely fueled by AI bubble discussions. to Bitcoin benefited. So how long will this continue?
Bitcoin Rise
QCP Capital analysts think that the increase in Bitcoin price is healthy due to improved risk perception. The probability of a December 10 interest rate cut, which dropped to 30% last week, is now over 80%. Moreover, as the meeting date approaches, the Fed’s decision is almost certain and we need to see something very big for the rate to reverse.
There are no major major report releases coming up. In other words, it is possible that interest rate reduction expectations will remain dominant until the meeting and a decision in this direction will be announced at the meeting. The Fed doesn’t like surprises, and the market has already priced in a rate cut. The most important thing is that after the December decision was announced, both the decision text and the Powell’s There will be details we will see about balance sheet expansion in their statements.
QCP Crypto Reviews
Analysts focusing on Nvidia, Strategy and Options markets shared their brief evaluations about them. of MSTR While mNAV dropped significantly, the negative market rating issued by JPMorgan was effective. Although the largest Bitcoin treasury company mentions that there is no risk of bankruptcy, sudden drops in share prices negatively affect psychology. MSTR dropped by 40.59 percent in the last month. MSTR, which exceeded the ATH level at $ 434, now finds buyers at $ 175.
In summary, analysts’ evaluations are as follows;
“AI-related CDS and technology loans continue to expand, suggesting investors are re-evaluating dominant macro factors. The rapid increase in Nvidia’s receivables and inventories, combined with the longer sales collection period, raises questions about whether the growth in AI capital expenditures is based on actual final demand or orders brought forward.”
Crypto ETFs continues to record net outflows and several crypto asset products have been liquidated. Most are currently trading below 1 mNAV, reflecting a broader risk aversion trend. As the Bitcoin treasury nears breakeven and its shares land on MSCI’s delisting watch list, Strategy has come into focus again. Index-driven sales may have negative effects on on-chain liquidity.
Towards the end of the year, Bitcoin faces a mix of downside flows and supporting options. The correlation with AI stocks has strengthened, while the fear and greed index has declined. “Demand for downside protection remains high, and although open interest has still shifted to call options, both positioning and implied volatility have decreased.”
