Bitcoin’s Bullish Ascent: Reclaiming $91K and Targeting $97,967

As of December 4, 2025, Bitcoin has executed a significant bullish reversal, decisively reclaiming the $91,000 price level. This move represents a pivotal shift in market sentiment, transitioning from consolidation or potential bearish pressure back into a clear upward trajectory. Technical analysis indicates that this is not merely a short-term bounce but the beginning of sustained bullish momentum. The cryptocurrency's price action has successfully defended key support levels, a critical factor that has bolstered confidence among both institutional and retail investors. This defense demonstrates strong underlying demand and suggests that the foundational market structure is robust. The immediate and primary target for this rally is the historically significant resistance zone at $97,967. This price point is not an arbitrary figure; it has acted as a major psychological and technical barrier in previous market cycles. A successful breach and close above this level would be a monumental technical achievement, likely triggering a new wave of FOMO (Fear Of Missing Out) buying and potentially opening the path toward six-figure valuations. The focus on this specific target provides a clear roadmap for traders and highlights the methodical nature of the current advance. Supporting this bullish price action are strong on-chain metrics and favorable trader positioning. On-chain data, which reflects the behavior of holders on the blockchain itself, shows accumulation by long-term investors and a decrease in exchange reserves, indicating a preference for holding over selling. Furthermore, analysis of derivatives markets and futures positioning reveals that buyers are demonstrating growing conviction. This is evidenced by their willingness to defend crucial support levels during pullbacks, effectively creating a 'floor' for the price. The confluence of positive technical structure, strong on-chain fundamentals, and committed buyer activity creates a compelling case for the continuation of the rally. The journey to $97,967 is now the central narrative, marking a decisive phase in Bitcoin's ongoing evolution as a dominant digital asset in the global financial landscape.

Bitcoin Price Analysis: BTC Reclaims $91K as Price Targets $97,967 Next

Bitcoin's resurgence above $91,000 marks a pivotal shift in market sentiment, with technical indicators suggesting sustained bullish momentum. The cryptocurrency now eyes the $97,967 resistance level—a historically significant price zone that could determine the next phase of its rally.

On-chain metrics and trader positioning reveal growing conviction among buyers, as evidenced by the defense of key support levels and improving RSI readings. The daily chart structure shows increasing dominance of green candles, reflecting accumulation at higher price ranges.

Market participants appear to be discounting previous weakness, with the $80,000 floor now serving as a distant memory. Analysts observe that this recovery aligns with cyclical patterns observed in prior bull markets, where brief consolidations precede explosive upward moves.

BlackRock Bitcoin ETF Investors Reap Profits as BTC Tops $90,000

Bitcoin's surge past $90,000 has delivered BlackRock's IBIT ETF holders a $3.2 billion profit, erasing October 2025 losses. Institutional confidence grows amid macroeconomic tailwinds, with an 85% market expectation for December rate cuts.

The rebound underscores Bitcoin's evolution from speculative asset to institutional staple. ETF structures are attracting steadier capital, dampening volatility and cementing crypto's role in diversified portfolios.

BlackRock's Bitcoin ETF Options Leap to Mega-Cap Status

Nasdaq's International Securities Exchange has quietly crossed a Rubicon for Bitcoin's financial integration. The platform petitioned the SEC to increase position limits on BlackRock's iShares bitcoin Trust (IBIT) options from 250,000 to one million contracts—a threshold reserved for Wall Street's most liquid instruments.

This procedural shift belies its seismic implications. IBIT now operates under the same risk framework as Apple, NVIDIA, and SPY. The filing argues current limits 'hamper legitimate trading strategies,' noting IBIT's market cap and volume rival top-tier assets.

The change fundamentally alters Bitcoin's plumbing in institutional portfolios. Market makers gain capacity to hedge at scale, transforming BTC from speculative asset to institutional-grade exposure. One million contracts isn't about speculation—it's the operational baseline for serious capital.

JPMorgan’s Bitcoin Product Ignites Crypto Community

JPMorgan's launch of a Bitcoin-backed structured product has sparked intense debate within the cryptocurrency sector. The 1.5× Leveraged notes, tied to BTC performance with a December 2028 maturity, are viewed by some as a strategic move against Bitcoin-heavy firms like MicroStrategy.

Market observers note the product's potential to trigger margin calls and increase selling pressure. Meanwhile, JPMorgan's parallel push for MSCI index reforms to exclude crypto-concentrated companies adds fuel to the perception of institutional resistance against Bitcoin's growing role as a reserve asset.

The development highlights the deepening divide between traditional finance and Bitcoin purists. Critics see the structured product as a calculated attempt to undermine companies with significant BTC exposure, while proponents view it as another step toward institutional adoption.

Bitcoin Whale Activity Sparks Selloff Fears as Market Tests $80K Support

Bitcoin faces renewed downward pressure as large holders accelerate exchange deposits, with 9,000 BTC moving to trading venues in a single day. The cryptocurrency briefly touched $80,600 on Coinbase—a seven-month low—amid signs of distribution by whales and institutional players.

Stablecoin reserves on Binance surged to a record $51 billion, reflecting defensive positioning across exchanges. Analysts warn leveraged positions could force a sweep of the $70K-$80K range before stabilization.

Market sentiment remains firmly in 'extreme fear' territory, with CryptoQuant data showing whale-driven transactions accounting for 45% of recent exchange inflows. The movement mirrors patterns seen during previous capitulation events.

Bitcoin Holds Above $91K as Traders Eye $93K-$94K Breakout Zone

Bitcoin's price resilience above $91,000 has market participants anticipating a potential surge toward the $93,000-$94,000 resistance zone. Current trading at $91,596 reflects a 1.94% daily gain, with $65 billion in volume signaling robust participation.

Analysts highlight the $93K-$94K range as a critical inflection point. "A clean breakout could propel BTC toward six figures," observes Ted (@TedPillows), while noting $88,000 as a likely pullback level should resistance hold. The asset's higher lows on technical charts suggest accumulation, though liquidation heatmaps warrant caution.

On-chain metrics underscore $84,570 as crucial support, with the market's structure echoing previous pre-breakout patterns. This comes as institutional interest builds ahead of potential ETF developments and the halving's supply shock.