TLDR Table of Contents Toggle Bitcoin is trading near $86,000 after facing resistance at the $88,000-$90,000 range and rebounding from weekend lows around $84,500. Arthur Hayes predicts Bitcoin could test the low $80,000s but expects the $80,000 level to hold as strong support. The Federal Reserve will end quantitative tightening on December 1, which should improve dollar liquidity conditions for crypto markets. U. S. banks increased lending in November, creating expanding credit conditions that historically support Bitcoin price performance. Technical indicators show moderate risk-on sentiment with VIX declining to 21. 9-22. 1 and S&P 500 and Nasdaq futures posting gains. Bitcoin is currently trading near $86,000 as of November 24, 2025, based on spot trading data from Brave New Coin. The price represents a rebound from weekend lows near $84,500 following multiple attempts to break through the $88,000 to $90,000 resistance zone. The cryptocurrency faced technical resistance at the upper range over the weekend. These rejections reinforced caution among short-term traders who are now watching for the next directional move. Bitmex co-founder and Maelstrom CIO Arthur Hayes shared his outlook on social media platform X on November 24. Hayes explained how evolving U. S. monetary dynamics could influence Bitcoin’s short-term direction. Hayes described his expectations for Bitcoin’s price action. He stated that the cryptocurrency might see one more move down into the low $80,000s but expects $80,000 to hold as support. The Bitmex co-founder pointed to improving dollar liquidity conditions. Hayes noted that the Federal Reserve’s quantitative tightening will stop on December 1, meaning this Wednesday will likely be the last decline in the balance sheet. Federal Reserve Policy Changes Support Crypto Markets At the October policy meeting, the Federal Reserve announced it would end quantitative tightening on December 1. The move aims to ensure sufficient liquidity in the financial system and maintain firm control over the federal funds rate as its main policy instrument. Ending quantitative tightening removes a continuing drain on dollar supply. This policy shift creates a more supportive backdrop for cryptocurrency markets by improving overall liquidity conditions. Hayes also highlighted that U. S. banks increased lending in November. Rising lending activity signals expanding credit conditions that historically align with stronger risk-asset performance, including Bitcoin. Bitcoin’s price has spent time consolidating below $90,000 in recent days. The brief dip toward the low $80,000s aligns with Hayes’s prediction about short-term price behavior. Hayes indicated he might start making small purchases at current levels. However, he plans to hold back larger purchases until the new year, framing any approach toward $80,000 as an accumulation opportunity. Technical Analysis Shows Key Support and Resistance Levels Technical analyst chart_khan published a short-term structure analysis on TradingView. The analyst noted that the reversal in the $82,200 to $85,800 range could provide a consolidation zone before the next move. Traders with short positions may consider exiting and re-entering within this range. This pattern aligns with historical behavior where similar resistance rejections led to brief retracements followed by range-bound trading. Bitcoin’s immediate technical structure emphasizes the importance of reclaiming the $88,000 to $90,000 resistance. A sustained break above this level could increase the probability of an upward continuation, provided broader risk-on conditions persist. Conversely, failure to breach this zone may trigger a retest of monthly lows near $82,000. Technical participants point to Fibonacci support around $82,900 as a potential floor during any further weakness. From an on-chain perspective, wallet flows and exchange balances indicate moderate selling pressure from retail traders. However, there are limited large-scale withdrawals by institutional holders. These patterns suggest that Bitcoin’s short-term consolidation is supported by liquidity within the $84,000 to $86,500 range. Market sentiment is currently balanced between cautious traders and longer-term accumulation interest. Key market metrics provide context for Bitcoin’s recent price movements. The VIX Volatility Index declined to approximately 21. 9 to 22. 1, per CBOE futures data, suggesting lower market fear. S&P 500 E-mini Futures hovered around 6, 628 to 6, 653, posting gains of 0. 5% to 1% according to CME Group reports. Nasdaq 100 E-mini Futures rose to 24, 447 to 24, 538, up 0. 58% to 0. 72% per CME data. Maisie Morrison Website Maisie is an experienced Crypto & Financial news journalist, having written for Moneycheck. com, Blockonomi. com, Computing. net and is Editor in Chief at Blockfresh. com.
https://blockonomi.com/bitcoin-btc-price-btc-rebounds-from-84-5k-lows-after-facing-resistance-at-88k-90k-range/
Bitcoin (BTC) Price: BTC Rebounds From $84.5K Lows After Facing Resistance at $88K-$90K Range
