Analyst: BTC could see $60K-$80K range if Fed holds rates in December

Bitcoin is likely to trade within a $60,000 to $80,000 range through the end of the year if the U.S. Federal Reserve forgoes an interest rate cut in December, according to a new analysis. XWIN Research Japan, a contributor to CryptoQuant, explained that if a rate cut does not occur, tightening pressure on global financial markets will persist, weakening demand for risk assets. The analysis noted that Bitcoin tends to react sensitively to such macroeconomic changes, pointing to a sharp decline in early November when rate cut expectations faded and risk assets broadly weakened. A similar corrective pattern could emerge if the Fed maintains a conservative stance in December. However, the firm also observed that stablecoin reserves on exchanges have reached an all-time high of $72 billion, suggesting that while market liquidity is sufficient, macroeconomic variables are currently limiting upside momentum.