Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Boring Bitcoin's Green Light Moment Incoming
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Boring Bitcoin's Green Light Moment Incoming
Boring Bitcoin's Green Light Moment Incoming?
6 min read
Boring Bitcoin's Green Light Moment Incoming?
BTC continues to bore traders with its directionless price action. But some indicators are pointing to renewed bullishness.
By Omkar Godbole, AI Boost
Updated Dec 12, 2025, 7:16 a.m. Published Dec 12, 2025, 7:11 a.m.
Crystal ball. (GimpWorkshop/Pixabay)
What to know:
- The Federal Reserve's recent rate cut did not significantly impact bitcoin's price, which remains directionless.
- Bitcoin's MACD histogram signals potential bullish momentum, while the dollar index's points bearish.
- The ETF flows continue to disappoint.
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole.
The Fed has come and gone without moving the needle on bitcoin's BTC$92,476.05 price in any meaningful way. The central bank cut rates by 25 basis points as expected, but supposedly delivered hawkish forward guidance. Still, the dollar has been sold off.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
Amid all this, BTC continues to bore traders with its directionless price action.
The picture on the daily price chart remains largely unchanged since before the Fed, with prices still stuck in that countertrend mini-rising channel within the bigger downtrend.
Any seasoned technical trader would tell you the playbook is simple now. If we break above the bearish trendline, it signals that the downtrend from the record high has ended. On the flip side, if we dive below the mini ascending channel, it reinforces the broader downtrend, potentially leading to deeper losses.
BTC's daily price chart with key indicators. (TradingView)
Which way will it go? As of writing, the bull case looks appealing, as the MACD histogram, with parameters set to (50,100,9) to gauge the medium-to-long term, is on the verge of crossing above zero (flashing green signal). Positive MACD crossovers indicate a renewed bullish momentum.
The dollar index, one of BTC's top nemesis, has taken a hit since the Fed meeting, undermining the central bank's supposedly hawkish tone. The DXY fell to 98.13 on Thursday, the lowest since Oct. 17 and was last seen at 98.36. A weaker dollar tends to bode well for risk assets, including cryptocurrencies.
Dollar Index's daily chart. (TradingView)
More importantly, the DXY's MACD histogram has flipped negative, indicating a bearish shift in momentum.
Nasdaq has found its footing after the November drop and now trades above the widely tracked 50-, 100-, and 200-day simple moving averages, offering bullish signals for the crypto market. Lastly, BTC sellers look to have run out of steam, as prices continue to hold steady despite reports that the U.S. Senate's crypto market structure bull has hit a roadblock.
If BTC prices do break out, several resistance levels between $97,000 and $108,000, identified by the 50-, 100-, and 200-day simple moving averages (SMA) and the Ichimoku Cloud, would come into focus.
That said, ETF flows remain a concern. As noted on Thursday, there hasn’t been a single day of net inflows exceeding $500 million in the past month. While prices have stabilized since Nov. 20, cumulative net inflows since the final week of November amount to just $219 million, according to data from SoSoValue. That's a paltry figure compared with the billions in redemptions seen through October and early November.
While Nasdaq trading above its key averages is good news for the BTC bulls, the cryptocurrency's correlation with the tech index has become lopsided. Bitcoin drops more sharply when the Nasdaq falls, yet rises only modestly on Nasdaq rallies.
So, we cannot completely rule out a potential bear case in BTC, involving a breakdown below the mini ascending channel. Such a move would expose support around $80,000.
Bitcoin NewsTechnical AnalysisMarkets
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
Bitcoin, Ether Steady as AI Fears Send Oracle Tumbling Down, Traders Eye Next Wave of Rate Cuts
Traders appeared more focused on preserving trend structure than chasing upside, with flows concentrated in large-cap assets.
What to know:
- U.S. stocks declined as Oracle's significant drop raised concerns about AI spending outpacing returns.
- Bitcoin and Ether showed stability, with Bitcoin trading above $92,000 and Ether climbing toward $3,260.
- Oracle's increased capital expenditures on AI infrastructure led to its biggest stock drop since January, impacting tech sentiment.
Read full story
Latest Crypto News
Bitcoin, Ether Steady as AI Fears Send Oracle Tumbling Down, Traders Eye Next Wave of Rate Cuts
Dogecoin Hovers Near Key Support as Fed Easing Fails to Spark Risk Rally
Stablecoins Get Backing From Cross-Party UK Lawmakers Urging Pro-Innovation Rules
XRP Lands on Solana, Ethereum and Others, in Boost for Ripple Ecosystem
CFTC Gives No-Action Leeway to Polymarket, Gemini, PredictIt, LedgerX Over Data Rules
Terraform's Do Kwon Sentenced to 15 Years in Prison for Fraud
Top Stories
XRP Lands on Solana, Ethereum and Others, in Boost for Ripple Ecosystem
Terraform's Do Kwon Sentenced to 15 Years in Prison for Fraud
CFTC Gives No-Action Leeway to Polymarket, Gemini, PredictIt, LedgerX Over Data Rules
U.S. Financial-Risk Watchdog, FSOC, Erased Digital Assets as a Potential Hazard
Binance Overhauls Stablecoin Trading with Trump-Linked USD1
U.S. CFTC's Pham Moves for Do-Over on 'Actual Delivery' Guidance on Crypto
Market Opportunity
Bitlight Labs Price(LIGHT)
$0.2367
$0.2367$0.2367
USD
Bitlight Labs (LIGHT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Wormhole launches reserve tying protocol revenue to token
The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve
Share
BitcoinEthereumNews2025/09/18 01:55
Kalshi debuts ecosystem hub with Solana and Base
The post Kalshi debuts ecosystem hub with Solana and Base appeared on BitcoinEthereumNews.com. Kalshi, the US-regulated prediction market exchange, rolled out a new program on Wednesday called KalshiEco Hub. The initiative, developed in partnership with Solana and Coinbase-backed Base, is designed to attract builders, traders, and content creators to a growing ecosystem around prediction markets. By combining its regulatory footing with crypto-native infrastructure, Kalshi said it is aiming to become a bridge between traditional finance and onchain innovation. The hub offers grants, technical assistance, and marketing support to selected projects. Kalshi also announced that it will support native deposits of Solana’s SOL token and USDC stablecoin, making it easier for users already active in crypto to participate directly. Early collaborators include Kalshinomics, a dashboard for market analytics, and Verso, which is building professional-grade tools for market discovery and execution. Other partners, such as Caddy, are exploring ways to expand retail-facing trading experiences. Kalshi’s move to embrace blockchain partnerships comes at a time when prediction markets are drawing fresh attention for their ability to capture sentiment around elections, economic policy, and cultural events. Competitor Polymarket recently acquired QCEX — a derivatives exchange with a CFTC license — to pave its way back into US operations under regulatory compliance. At the same time, platforms like PredictIt continue to push for a clearer regulatory footing. The legal terrain remains complex, with some states issuing cease-and-desist orders over whether these event contracts count as gambling, not finance. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/kalshi-ecosystem-hub-solana-base
Share
BitcoinEthereumNews2025/09/18 04:40
Optimizely Named a Leader in the 2026 Gartner® Magic Quadrant™ for Personalization Engines
Company recognized as a Leader for the second consecutive year NEW YORK, Feb. 5, 2026 /PRNewswire/ — Optimizely, the leading digital experience platform (DXP) provider
Share
AI Journal2026/02/06 00:47