Bitcoin Price Prediction: BTC Smashes Through 50-Week MA – $120K by December In Play?
Bitcoin just bulldozed its 50-week moving average – and now the $120K question is heating up. Here's why traders are flipping bullish (and why Wall Street's 'crypto experts' are suddenly paying attention).
Technical breakout or trap? BTC's reclaim of the 50-week MA signals momentum, but skeptics whisper 'overbought.' Meanwhile, the '120K by December' crowd points to historical halving cycles and institutional FOMO. Remember: past performance guarantees nothing—except CNBC's ability to hype it.
One thing's certain: if Bitcoin actually hits six figures this year, hedge funds will finally 'discover' blockchain... right after retail bags the top.
Bitcoin’s Fundamentals and Technicals Align for Explosive Gains
The key catalyst behind Bitcoin’s rally occurred in two parts: the US Senate voted to end the government shutdown, and TRUMP tweeted that the government would provide citizens with a $2,000 stimulus funded by tariff revenue.
The House of Representatives also needs to approve the shutdown bill before Trump signs it into law, so the closure still isn’t official. Nonetheless, this brought much-needed relief to the crypto market after months of macroeconomic uncertainty.
Analyst Ash Crypto noted that BTC surged 300% over five months following the last government shutdown in 2019, underscoring the massive potential if the House approves the bill this time.
The last time the U.S. government reopened after a shutdown, bitcoin made a five-month rally, surging by over 300%. pic.twitter.com/q6Muil7l8F
— Ash Crypto (@AshCrypto) November 9, 2025
Then, Trump posted on Truth Social claiming that the US is “taking in Trillions of Dollars” from trade tariffs, and that “a dividend of at least $2000 a person (not including high-income people!) will be paid to everyone.”
Analyst Bull Theory estimated that this could “inject nearly $600 billion into the economy,” which is close to the $800 billion from the 2020 stimulus. He pointed out that the 2020 stimulus “was the fuel behind one of the biggest bull runs in history,” during which Bitcoin, Ethereum, and altcoins saw parabolic gains.
🇺🇸 PRESIDENT TRUMP PLANS TO GIVE $2,000 STIMULUS CHECKS TO THE PEOPLE AS DIVIDEND FROM THE TARIFFS.
And the market is seriously underestimating what that means.
If implemented, this WOULD inject nearly $600 billion directly into the economy, almost the same scale as the 2020… pic.twitter.com/Vn0y3jiNNV
— Bull Theory (@BullTheoryio) November 9, 2025
Aligning with this fundamental perspective, Bitcoin’s price chart just completed a critical move. It fell below the 50-week moving average last week, and a close below that level would have signaled a bear market.
Instead, it reclaimed the level and closed above, turning it into support. The last two times this happened, BTC rallied 118% over 19 weeks and 70% over 25 weeks. Coupled with favorable macroeconomic conditions, this closure above the 50-week MA marks a massive tailwind for BTC, signalling that it could well reach $120,000 before December.
Analyst Sykodelic suggests BTC could go even higher, with his forecast on X pointing to a MOVE toward $140K after bouncing from MA levels.
Not sure how many time I need to keep saying this…
But the top is not in.
No matter how many doom posters are out there and no matter how many people have flipped bearish this last week…
It doesn't change the hard objective data.
You have to remember that just because… pic.twitter.com/fU16uzYSNM
— Sykodelic 🔪 (@Sykodelic_) November 9, 2025
But as Bitcoin rose 4.4% today, the altcoin market has also gained momentum, with numerous projects outperforming the market leader. Looking ahead, analysts are backing Bitcoin Hyper as a promising Bitcoin alternative, with its new Bitcoin LAYER 2 infrastructure offering entirely new ways to use BTC and, therefore, potentially a much bigger opportunity to generate gains.
Expert Tips Bitcoin Hyper for 100x Gains as Presale Crosses $26M
This cycle’s bullish Bitcoin trend has mainly been driven by institutional and corporate investors buying it as a long-term store of value. But what if BTC could do more than that? What if it became programmable money that powered a digital economy?
That’s the vision of Bitcoin Hyper, which is developing a smart contract Layer 2 for Bitcoin using the Solana VIRTUAL Machine (SVM). Like Solana, it can handle thousands of transactions per second (TPS), but it differentiates itself by relaying transactions to the Bitcoin base layer via ZK-rollups, enabling it to benefit from Bitcoin’s immutability and security.
This setup could enable advanced applications like DeFi, AI, RWA, meme coins, and stablecoins within the BTC ecosystem, potentially unlocking billions of dollars in new value.
This is why the market is buzzing about Bitcoin Hyper, with its ongoing presale raising $26.4 million so far. It has also attracted interest from respected analysts, with Borch Crypto recently suggesting it has 100x potential.
Currently, Bitcoin Hyper is available to purchase at $0.013245, but the price will rise as the presale continues.
With a use case that redefines Bitcoin, strong market support, and an early-stage price, everything appears aligned for HYPER to become one of the most exciting crypto launches of the year.
Visit Bitcoin Hyper PresaleThis publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.
