Bitcoin Price Eyes $87K Dip Into FOMC Week
The post Bitcoin Price Eyes $87K Dip Into FOMC Week appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) fell below $88,000 into Sunday’s weekly close as traders eyed weakness into a major US macro event. Key points: Bitcoin sees snap volatility into the weekly close, dipping close to $87,000. Traders expect weaker BTC price action into the Fed interest-rate decision. Bulls need to keep hold of $86,000, says analysis. BTC price wobbles as weekly candle completes Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility returning, with BTC/USD losing $2,000 over two hourly candles. BTC/USD one-hour chart. Source: Cointelegraph/TradingView The move ended an uneventful weekend, and opened the door to a potential new “gap” forming on CME Group’s Bitcoin futures markets. As Cointelegraph reported, price tends to “fill” such gaps quickly once the new macro trading week begins. “In 6 months, we have filled every single CME gap,” trader Killa noted in part of commentary on X. BTC/USD chart with CME futures gap target. Source: Killa/X In a separate post, Killa added that Mondays often formed the basis for price action for the rest of the week. “Mondays are typically when pivot highs and lows form with weekend price action being a deciding factor,” he explained. “If the weekend doesn’t pump, it increases the probability of a pivot low forming on Monday. If we do get a weekend pump, it increases the chances of Monday forming a pivot high.” BTC/USD chart with Mondays highlighted. Source: Killa/X FOMC bets focus on Fed cut Market participants meanwhile were broadly focused on the key macroeconomic topic of the week: the US Federal Reserve’s decision on interest-rate changes. Related: Bitcoin profit metric eyes 2-year lows in ‘complete reset:’ BTC analysis Markets continued to expect a 0.25% cut result from Wednesday’s meeting of the Federal Open Market Committee (FOMC), data from CME Group’s FedWatch Tool confirmed. “The rate call…
Filed under: News - @ December 7, 2025 8:26 pm