Bitcoin Price Analysis!!!

Bitcoin has held above the 95,000 mark despite a downturn in global equity indices, as markets process the Dec. 18 Federal Open Market Committee (FOMC) meeting, where Federal Reserve Chair Jerome Powell indicated a slower pace of monetary easing in 2025, analysts say.

On a weekly basis, however, the largest digital asset by market capitalization has declined alongside major equity indices. "The past two weeks following the FOMC have been met by global de-risking, and bitcoin has faced negative two-week returns of 11%, whereas ether has declined by 15%, pushing the ETH/BTC down toward 0.036,"K33 Head of Research Vetle Lunde said.

In a K33 Research report on Tuesday, Vetle suggested the current bitcoin drawdown has been strongly correlated to global equity markets. The digital asset’s 30-day correlation to the Nasdaq has pushed above 0.50 for the first time since late September.

Vetle identified the Dec. 18 FOMC meeting as a key catalyst for the downtrend. During this meeting, the U.S. Federal Reserve's dot plot was revised to signal two rate cuts for 2025, down from four projected in September. Lowering interest rates tends to boost the market, so fewer projected cuts is less beneficial for risk assets like bitcoin.

Additionally, the press conference revealed that some officials had considered potential inflationary pressures linked to a Trump presidency marking a shift from the messaging in the November press conference.

"While the Fed has cut rates by 100 basis-points since September, the 10-year treasury note has grown by 100 basis-points, signaling that the market anticipates inflationary impulses ahead," Vetle said. He noted that bitcoin has experienced significant exchange-traded fund (ETF) outflows and more restrained purchases by MicroStrategy following the FOMC meeting.

Now RSI Index shows that btc touches 97500 today...

Thankyou and thanks for your time#BTC94KShowdown #BTC☀ #BTCXmasOrDip? #2025bullrun $BTC