Top 3 Price Prediction Bitcoin, Gold, Silver: Is the Fed-Driven Rally Built to Last?
Yahoo Finance·2025-12-09 22:47

Group 1: Market Overview - Bitcoin, gold, and silver experienced a surge in strength ahead of a potential Fed rate cut, with silver breaking above $60/oz for the first time, up +108% in 2025 [1] - The Fed's interest rate decision is a significant macroeconomic event for Bitcoin and commodity safe havens, with an 87.6% chance of a rate cut according to the CME FedWatch Tool [2][3] Group 2: Impact of Rate Cuts - A Fed rate cut typically benefits Bitcoin by injecting liquidity into financial markets, with gold being the primary beneficiary and silver often lagging initially but outperforming later [3][8] - Markets are already pricing in the expected rate cut, with traders front-running the event [4] Group 3: Bitcoin Price Analysis - Bitcoin is trading with a bullish bias, consolidating within an ascending channel since a low of $80,600 on November 21, indicating potential for further upside [5] - The Relative Strength Index (RSI) shows rising momentum for Bitcoin, with immediate resistance at the 50-day Exponential Moving Average (EMA) at $97,015 and a critical Fibonacci retracement level at $98,018 [6] - A breakout above these levels with strong volume could signal a strengthening trend, with potential targets of $103,399 and higher [7]

Top 3 Price Prediction Bitcoin, Gold, Silver: Is the Fed-Driven Rally Built to Last? - Reportify