Bitcoin News Today: Bitcoin's $87K Fate Hinges on Fed Policy and Fibonacci Levels

Bitcoin stabilized near the $87,000 level in late November 2025 amid shifting macroeconomic expectations, with the CME FedWatch tool indicating an 80% probability of a December rate cut. The move follows a volatile month for the asset, as Bitcoin shed over 21% in November, extending its decline from a 52-week high of $124,658 to intraday lows near $85,700. Analysts highlight that while the cryptocurrency has found temporary support, reclaiming the $88,000 threshold—seen as a critical psychological and technical level—remains a significant hurdle.

Technical indicators paint a mixed picture for Bitcoin's near-term outlook. The monthly moving average convergence divergence (MACD) histogram turned bearish, signaling a potential prolonged downturn. This follows historical patterns where bearish MACD crossovers preceded extended bear markets in 2014, 2018, and 2022. Ether also confirmed a "death cross" as its 50-day simple moving average dipped below the 200-day SMA, compounding concerns about broader market sentiment. Meanwhile, Fibonacci retracement levels have become focal points for traders, with key zones at 38.2% ($93,000), 50% ($91,400), and 61.8% ($88,000) drawing heightened attention. Price action suggests that a sustained break above $95,000 could reignite bullish momentum toward $108,000 by December 17, 2025, according to some analysts.

The macroeconomic landscape remains a critical variable. Federal Reserve policy expectations have shifted rapidly, with the December rate cut probability surging from 30% to 80% in a week. This uncertainty has amplified volatility in crypto markets, where Bitcoin's stabilization near $87,000 has been accompanied by a 5.2% drop in the last 24 hours. The broader crypto sector has lost over $1 trillion in value since peaking at $4.3 trillion, with altcoins like Solana (SOL) and XRP also retreating sharplyhttps://www.nasdaq.com/articles/crypto-market-update-tether-pushes-back-after-sp-downgrade.

Amid this turbulence, projects like Bitcoin Munari are advancing their structured rollout, leveraging a fixed-supply model to attract investors. The project's presale, priced at $0.22 per token, operates on a ten-round schedule with a fixed 21 million supply. Unlike Bitcoin's volatile price action, the presale's rule-based distribution remains unaffected by macroeconomic shifts, offering a contrast to the broader market's unpredictability.

For traders navigating the current environment, Fibonacci retracement tools have become essential. The 61.8% level at $88,000 is widely viewed as a golden ratio threshold, where significant buying interest could emerge if the price holds. However, a breakdown below $84,500—defined by a trendline connecting 2023–2024 lows—would expose deeper support at $74,500 and the 2021 peak near $70,000. This dynamic underscores the precarious balance between bearish momentum and potential short-term rebounds.

Looking ahead, the interplay between Federal Reserve policy and technical levels will likely dictate Bitcoin's trajectory. While some analysts project a December 2025 target of $108,000, others caution that a failure to reclaim $95,000 could extend the bearish correction. The coming weeks will test whether the $87,000 support holds as a floor or becomes a catalyst for renewed selling pressure.