Bitcoin suffered a pointy worth drop earlier this month, dropping to the $82,000 stage for the primary time since April 2025. Bitcoin then shortly recovered and regained the $91,000 stage. Nonetheless, BTC appears to be settling across the $91,000 worth stage. In line with Bitcoin knowledge from CoinGecko, BTC is up 10.4% within the final week, however is flashing purple in different time frames. The unique cryptocurrency is down 0.3% previously 24 hours, 5.8% on the 14-day chart, 19.3% month-over-month, and three.7% since late November 2024. Let’s talk about whether or not the crypto market will enter a consolidation part, face a correction, or proceed to rise.
With Bitcoin integration, the place will the crypto market go subsequent?
Cryptocurrency markets soared earlier this week after the potential of one other rate of interest reduce in December was rekindled. A big sum of money has flowed into not solely digital currencies but additionally the inventory market. Bitcoin (BTC) worth development seems to have slowed after lately rising from the $82,000 worth stage. Traders could also be having fun with the Thanksgiving vacation and ignoring the marketplace for now.
Cryptocurrency markets are prone to proceed their correction part over the following weekend earlier than exhibiting some motion on Monday. December may carry new volatility, and Bitcoin (BTC) may see some worth actions. If investor sentiment stays bullish, BTC’s rally may proceed. If the Fed provides some affirmation of additional fee cuts, we might be again in a bullish part. Nonetheless, if the Fed decides to maintain rates of interest on maintain, the crypto market may enter a chronic correction part, if not face a correction.
In line with CoinCodex analysts, Bitcoin (BTC) will steadily rise within the coming weeks and attain the $97,653 stage on December 18th. The platform expects Bitcoin to then face a correction to round present ranges.
