After a week of languishing between the range of $80,000 to $86,000, Bitcoin (BTC) has finally breached $90,000 and, more importantly, has managed to maintain above this level, fueling talks of the crypto gold, raring to explode onto the scene for more gains.
Currently trading at
,
Bitcoin
4.65%
Bitcoin
BTC
Price
$63,793.76
4.65% /24h
Volume in 24h
$62.88B
Price 7d
has bounced back in a big way with a strong 14% rebound after dipping to $80,000 on 21 November 2025. Still, it is a far cry from its ATH of $126,000, achieved in October.
X analysts like ‘The Kobeissi Letter’ say that the surge indicates an increased buying pressure in the market. One of the major reasons behind BTC’s surge can be the Fed (Federal Reserve) rate cut.
BREAKING: Bitcoin extends gains and rises above $91,500, now up +14% since the November 21st low. pic.twitter.com/GIEH5oiSbR
— The Kobeissi Letter (@KobeissiLetter) November 27, 2025
JPMorgan recently highlighted that it expects the Fed to cut interest rates in December, which has made investors extremely bullish on BTC’s outlook.
🚨 BREAKING: JPMorgan now expects a 25 bps Fed rate cut in December — confirmed.
📌 If 25 bps → Bitcoin goes parabolic
📌 If 50 bps → Bitcoin + altcoins go ultra-parabolic🔥 GIGA BULLISH for crypto heading into year-end.#BTC #Crypto #FOMC #FederalReserve #Altcoins #Bitcoin pic.twitter.com/fpREpVxW7w
— SinghEconomics (@SinghEconomics) November 27, 2025
Moreover, BTC’s price action is flashing several bullish signals, supporting the recent 14% surge. It first broke through decisively from where it was stuck between $86,000 and $88,000 for 48 hours to above $91k, with a strong green candle.
Also, the RSI currently sits at 60.35, suggesting that buyers are still in control and that BTC isn’t overbought yet, leaving room for more upside to come. Additionally, BTC has been forming higher lows and higher highs, with buyers stepping in at $88,000 and again near $89,000.
(Source: TradingView)
At the same time, analyst Matthew Hyland highlighted that BTC has broken its downward inverse parabola, which could see its price move towards $107K–$117K. However, before this happens, BTC needs to clear and hold above $93k, $98k, and $104k levels.
#BTC inverse parabola has fully broken
Retrace target off broken parabola falls at $107k-$117k https://t.co/7FXsfhVGeS pic.twitter.com/0vYfsvYM8T
— Matthew Hyland (@MatthewHyland_) November 26, 2025
If it can stay above those levels and maintain, the path to higher prices opens up. If not, the $107K–$117K target remains just a possibility.
EXPLORE: New Crypto To Explode In November
Tom Lee Trims Bitcoin Forecast to $100K, Sees Boost From Tether’s Gold Buys
Crypto analyst Tom Lee has dialed back his bullish Bitcoin forecast. Now, instead of $250,000, Lee expects Bitcoin to close just above $100,000.
This is the first time that Lee has softened his stance on the $250k target, which he held on to through October. Even so, he hasn’t lost his confidence entirely, saying “some of those best days are going to happen before year‑end.”
Lee explained that the change in his outlook towards BTC’s price action comes after the 10 October crash, which he said was caused by a glitch that set off a wave of automatic liquidations.
He didn’t name any names, but it’s clear that he is referring to Binance. Screenshots from the 10-11 October liquidation event showed USDe sliding down to $0.65 on Binance. Now, because Binance’s internal oracle treated the faulty price as real, it caused a wave of forced liquidations.
#PeckShieldAlert $USDe has depegged, falling to ~$0.65 against $USDT. pic.twitter.com/V1dxywAhFf
— PeckShieldAlert (@PeckShieldAlert) October 11, 2025
Lee explained, “Almost two million crypto accounts got wiped out, even though minutes before, they were actually profitable accounts.”
Beyond the glitch, Lee has pointed to rising gold demand from stablecoin issuers that can help boost Bitcoin’s price in the near future in a post on X, where he said, stablecoins have become the biggest buyers of gold worldwide and have been “the singular driver of higher prices” for the metal since early 2026.
EXPLORE: Top 20 Crypto to Buy in 2025
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Key Takeaways
- Bitcoin rebounded by 14%, breaking $90K, flashing strong bullish indicators
- Analysts predict $107K–$117K if BTC holds above $93K, $98K, and $104K
- Stablecoin issuers buying gold may boost BTC’s long-term crypto outlook
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