Bitcoin continues to hold its bullish structure as the market looks toward a key U.S. trading session and tomorrow’s highly anticipated Federal Reserve rate decision. Analyst Michaël van de Poppe says price action remains constructive, with the market following a positive path as long as major supports remain intact. With Bitcoin trading at $90,000, attention now turns to whether the U.S. market opening triggers a standard correction or clears the way for renewed upside momentum.
A 25-basis-point rate cut is widely expected, placing added focus on how risk assets respond to the announcement.
Traders say the reaction could determine whether Bitcoin attempts a run toward $100K before Christmas, a target highlighted by several analysts this week.
Bitcoin Holds Above Key Levels Despite Volatility
Bitcoin’s daily RSI sits at 45, showing a neutral reading that leaves room for upside if momentum strengthens.
Support remains firm around $86,000, with the broader market recognizing $74,000 as the critical zone that must hold to maintain the current structure.
On the resistance side, the first major obstacle sits around $93,000, followed by stronger resistance near $98,000.
A break above this range would signal a shift toward higher targets and confirm renewed buyer confidence.
Despite recent swings, liquidity across major exchanges remains stable, and funding rates have cooled after last week’s elevated positioning. This setup provides a calmer environment for price discovery as traders prepare for Wednesday’s policy announcement.
Market Eyes the Fed and U.S. Session Open
Tomorrow’s Federal Reserve meeting is expected to deliver a 25-basis-point rate cut, a move that markets have partially priced in. Lower rates generally improve liquidity conditions across risk assets, and Bitcoin has historically reacted positively during easing cycles.
However, analysts warn that the first reaction after the announcement is often volatile.
If the U.S. market opens and triggers a corrective move before the Fed decision, some traders see it as a potential dip-buying opportunity.
Van de Poppe notes that Bitcoin only needs to avoid a deep breakdown below support zones to keep the broader bullish trajectory intact.
If price rebounds from any early-session weakness, it could set the stage for an upward breakout later in the week.
Potential Pre-Christmas Move Toward $100K
The central thesis shared among bullish analysts is that Bitcoin could attempt to attack the $100,000 level before Christmas. Momentum over the past month has shown steady recovery after earlier corrections, offering a stronger base for a potential year-end rally.
The key trigger for this move would be a clean break above the $93,000–$98,000 resistance band.
If the market pushes through this range, technicals point to an acceleration toward six-figure territory.
This scenario becomes even more realistic if the Fed provides clear guidance favoring continued easing in early 2026. Stronger liquidity conditions combined with Bitcoin’s long-term trend could create a favorable environment heading into the holiday season.
Outlook: Dip-Buyers Prepare as Market Awaits Confirmation
For now, Bitcoin remains in a stable zone, holding above its short-term supports and avoiding major breakdowns.
The next 24 hours will determine whether traders see a corrective pullback or a renewed bullish push leading into the rate decision.
If Bitcoin maintains its structure through the U.S. open and reacts positively to the Fed cut, analysts believe the market could begin a strong year-end climb. With sentiment gradually improving, the focus is on whether the pre-Christmas target near $100K comes into play sooner rather than later.
