Bitcoin Fails to Break $92,000 as Investors Await Fed

Bitcoin tested the $92,000 level but could not maintain short-term gains. Professional investors remain cautious about further upside. Macroeconomic uncertainty and weak leverage demand are pressuring the market. U.S. employment and housing data directly influence investor behavior.

Investors await the Fed’s policy announcement. Rapid recovery to $100,000 seems unlikely. BTC futures premiums stayed below 5% over the past two weeks. Weak leveraged buying reflects the 28% decline since October’s all-time high.

Economic uncertainty limits investor confidence

A 43-day government funding gap in November delayed official employment and inflation data. Private employment reports showed 71,321 job cuts in November, providing limited optimism. Redfin data also indicated that 15% of home purchase agreements were canceled in October. High costs and uncertainty are increasing risk aversion among investors.

Leverage and options markets affect price

Bitcoin failed to reach $92,250 on Monday, dropping $2,650. This pullback accelerated after $92 million in leveraged BTC futures were liquidated. Put option premiums on Deribit reached 13%. Investors in China are exiting the crypto market as stablecoins trade below the official USD rate. This signals short-term downside risk.

• Key Takeaways:

• Slow spot ETF inflows limit upward momentum

• U.S. employment and housing data drive market confidence

• Leveraged trades amplify Bitcoin price movements

• Chinese investors exiting add pressure on prices

• Fed decisions may increase short-term volatility

Bitcoin’s short-term path depends on clearer U.S. economic data and housing conditions. Fed decisions may cause temporary swings. Long-term recovery requires improving economic outlook. Investors watch the $85,000–$90,000 range as critical support and maintain cautious positions.

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