Btc Price Dips Under $84k As Bitcoin Faces ‘pivotal’ Week For 2025...

Bitcoin fell further thanks to Wall Street selling pressure, while analysis predicted a key few days for the 2025 BTC price candle.

Bitcoin (BTC) hit new local lows after Monday’s Wall Street open as analysis warned of “rising” macro headwinds.

BTC price action plumbs new local lows as daily losses pass the 7% mark.

Bitcoin faces multiple macro tailwinds from Asia, exacerbating already weak liquidity conditions.

A trader says this week’s sessions will decide the fate of 2025 performance.

Data from Cointelegraph Markets Pro and TradingView showed daily BTC price losses passing 7% as BTC/USD reached $83,814 on Bitstamp.

A grim weekly and monthly candle close gave bears the edge, and as US traders returned from the Thanksgiving holiday, crypto saw little relief from sell pressure.

“The selloff was triggered by a string of bearish developments across Asia,” trading outfit QCP Capital summarized in its latest “Asia Color” market update.

QCP referenced several hurdles for crypto to overcome in the short term. These included Japan hiking interest rates, thin market liquidity and the notional risk of Strategy selling its Bitcoin corporate treasury holdings.

By contrast, Monday formally marked the end of the US Federal Reserve’s quantitative tightening (QT) run, opening the door to risk-asset capital inflows.

Source: CoinTelegraph