Bitcoin (BTC) reached new local lows after the Wall Street opening on Monday as analysis cautioned about “increasing” macro challenges.
Key points:
BTC price action descends to new local lows with daily losses exceeding 7%.
Bitcoin encounters several macro headwinds from Asia, worsening already fragile liquidity conditions.
A trader indicates that this week’s sessions will determine the trajectory for 2025 performance.
Wall Street selling drives BTC price down
Data from Cointelegraph Markets Pro and TradingView revealed daily BTC price losses surpassed 7% as BTC/USD hit $83,814 on Bitstamp.
A disheartening weekly and monthly candle close gave bears an advantage, and as US traders returned from the Thanksgiving holiday, crypto witnessed minimal relief from selling pressure.
“The selloff was initiated by a series of negative developments across Asia,” the trading firm QCP Capital summarized in its latest Asia Color market update.
QCP pointed out several obstacles for crypto to navigate in the short term, including Japan’s interest rate hike, thin market liquidity, and the potential risk of Strategy liquidating its Bitcoin corporate treasury holdings.
Conversely, Monday marked the official end of the US Federal Reserve’s quantitative tightening (QT) phase, paving the way for capital inflows into risk assets.
“The crucial question now is whether BTC can sustain prior lows as bearish sentiment escalates. This will depend on liquidity conditions and Strategy-related flows. BTC’s swift adaptation to liquidity changes remains a defining characteristic, and this morning’s drop highlights that sensitivity,” it noted.
“With US liquidity loosening and macro headwinds from Asia intensifying, the upcoming sessions will be crucial in determining if BTC can finish 2025 in the positive.”
Bitcoin offers “significant opportunity” below $90,000
The sentiment among traders was predictably bleak.
Related: ‘Inevitable’ $50K BTC price crash: 5 things to know in Bitcoin this week
Bearish arguments cited several factors, including the Coinbase Premium turning negative after a brief “green” span of just three days.
$BTC dropped 5% today and currently, we see rising OI with prices plummeting, and shorts are busy chasing this. Also, the Coinbase discount has returned, which isn’t good. Bearish sentiments are present. pic.twitter.com/1V0DjBLuhB
— exitpump (@exitpumpBTC) December 1, 2025
“Let’s keep it straightforward. We need to stay above 85.2K,” trader Killa informed X followers after the Wall Street opening.
“If we lose that, the structure remains in bearish territory. We need to reclaim the previous weekly open (86.8K). Above 87K, we can retest the weekly open.”
Crypto trader, analyst, and entrepreneur Michaël van de Poppe was among those sharing a slightly more optimistic view, suggesting the market was in the midst of forming a solid floor.
“Regardless of the reason that pulled the markets down again, the sentiment remains unchanged,” he stated in an X post on the same day.
“Bitcoin developing a bottom formation takes some time to finalize. Once that happens, I anticipate $ETH to outperform the markets.”
Van de Poppe remarked that BTC/USD trading below $90,000 represents “a significant opportunity to acquire positions at lower prices.”
This article does not offer investment advice or recommendations. Every investment and trading action carries risk, and readers should perform their own research before making decisions.
