Bitcoin price prediction has turned grim as BTC plunges to $83,801.90, shedding over 8.8% in 24 hours. With the upcoming U.S. Federal Reserve FOMC meeting on the horizon and interest rate cut odds collapsing, Bitcoin bulls are on the defensive. 

The mood has shifted rapidly, with sentiment scraping yearly lows. Now, all eyes are on how the Fed’s next move could impact crypto’s trajectory – or reinforce the bear market. In the meantime, Bitcoin Hyper is gaining traction among investors seeking opportunities outside of legacy tokens.

FOMC Confusion Sends Shockwaves Through BTC Price Structure

Bitcoin’s sharp drop below $89,000 was more than just another red candle – it was a technical breakdown. For the past six days, BTC has traded under its 365-day moving average, a long-term support level often considered crucial during macro-driven consolidations. 

On top of that, the 50-day EMA has officially crossed below the 200-day EMA, forming what analysts call a “death cross” – a historically bearish signal.

This technical pattern has spooked short-term traders. According to TradingView data, the next support zone sits near $75,000, a level analysts like Benjamin Cowen believe could act as the final dip before a new macro rally – but only if Bitcoin finds support in the coming week.

“The time for Bitcoin to bounce, if the cycle is not over, would start within the next week,” Cowen said, noting that failure to reclaim the 200-day SMA could lead to another leg down, followed by a possible rebound later in 2025.

If this bounce fails to materialize soon, the probability of a lower macro high increases – a bearish scenario that suggests the bull cycle may have already peaked.

December Rate Cut Odds Collapse, Sinking Market Optimism

Traders had previously priced in a 67% chance of a Fed rate cut at the upcoming December FOMC meeting. That optimism has since evaporated. 

The latest CME FedWatch data shows just 33% odds for a cut – a collapse in confidence triggered by hawkish language in the latest Fed minutes and a U.S. data blackout due to delayed labor reports.

Prediction markets still show a split: Kalshi puts the odds at 70%, Polymarket at 67%, but CME remains far lower at 30%. This divergence reflects a deeper uncertainty. 

The Fed’s October minutes reveal a divided committee, with some members advocating for further cuts to ease labor market pressure – while others warn against acting before inflation slows significantly.

Without a unified direction from the Fed, macro traders are pulling back, and risk assets like Bitcoin are bearing the brunt.

Macro Policy Now Dictates the Bitcoin Price Prediction Narrative

Historically, Bitcoin has responded strongly to interest rate policy shifts. In 2019, BTC began a major recovery as the Fed, ECB, and PBOC all adopted looser policies. 

In 2020, a surprise 50-basis-point cut caused a short-term crash but paved the way for a rally that took Bitcoin from $5,000 to $69,000 by late 2021.

That same catalyst now feels distant. The current environment is dominated by inflation fears, limited macro data, and cautious Fed members unwilling to repeat 2020’s rapid easing. As a result, the bullish narrative built around rate cuts is cracking.

“Without fresh inflation and labor data, the Fed is essentially flying blind into December,” one analyst noted. “That’s terrible for crypto – uncertainty is poison for risk assets.”

The Labor Department has confirmed it will not release October nonfarm payrolls, creating the longest macroeconomic data gap in recent U.S. history. This leaves Bitcoin traders without a clear macro cue – and every red candle is reinforcing bearish pressure.

Prediction Markets Struggle to Find Consensus

The latest snapshot from prediction markets paints a conflicted picture:

• Kalshi: 70% odds for a December cut

• Polymarket: 67%

• CME FedWatch: 30%

This gap is fueling extreme volatility in crypto markets. With Bitcoin price prediction models pointing toward breakdowns, and a lack of data making it harder to model macro responses, institutional traders are pulling liquidity – worsening downside moves and amplifying fear.

If the Fed surprises with a rate cut, BTC could recover quickly. But a pause or rate hold could intensify the downturn, potentially setting up a retest of the $75,000 region before the end of the year.

Investors Are Rotating Into Bitcoin Hyper as Panic Grows

While BTC stumbles, newer tokens are gaining traction. The Bitcoin Hyper presale has now raised over $28.2 million, with buyers eyeing its rapid early-stage growth potential. 

Priced at $0.013305, the token mimics the BTC name while offering a low-entry point – a strategy that’s worked for several meme and altcoin projects this year.

With Bitcoin price prediction sentiment weakening, many traders are taking a position in presales that offer asymmetric upside, especially with Bitcoin Hyper’s price set to rise imminently.

If BTC continues to stall, the next big moves in the crypto space may come not from legacy coins, but from high-risk, high-reward alternatives like Bitcoin Hyper – especially among retail traders hungry for momentum.