{"id":1622,"date":"2025-11-27T04:43:08","date_gmt":"2025-11-27T04:43:08","guid":{"rendered":"https:\/\/newsraise.com\/?p=1622"},"modified":"2025-11-27T04:49:57","modified_gmt":"2025-11-27T04:49:57","slug":"bitcoin-breaks-past-90000-heres-why-experts-are-still-cautious","status":"publish","type":"post","link":"https:\/\/newsraise.com\/index.php\/2025\/11\/27\/bitcoin-breaks-past-90000-heres-why-experts-are-still-cautious\/","title":{"rendered":"Bitcoin Breaks Past $90,000 \u2014 Here\u2019s Why Experts Are Still Cautious"},"content":{"rendered":"

The Cryptocurrency market<\/a> looks to bounce back and move past its lowest figures since recent months, trying to regain the confidence.<\/h2>\n

Bitcoin (BTC-USD) climbed back above $90,000<\/strong> on November 26, attempting to regain lost ground after sliding to nearly $81,000<\/strong> last Friday \u2014 its lowest level since April 2025. The uptick came in the U.S. equity markets as the S&P 500 and Nasdaq Composite headed toward a fourth consecutive day of gains, supported by growing investor confidence in a potential Federal Reserve rate cut in December.<\/p>\n

However, despite the renewed optimism, several strategists caution that Bitcoin\u2019s recent movement<\/a> should not be mistaken for the beginning of a classic V-shaped recovery<\/strong>. Instead, they point to deeper structural challenges and shifting market correlations that make the crypto landscape less predictable than usual.<\/p>\n

Correlation With Stocks Weakens<\/strong><\/h3>\n

Historically, Bitcoin has shown a strong relationship with tech-heavy indices like the Nasdaq<\/a> Composite. But that pattern appears to have weakened. According to Torsten Slok, Chief Economist at Apollo Management, Bitcoin\u2019s recent decline has been more severe than that of the Nasdaq, indicating a breakdown in their usual correlation.<\/p>\n

This divergence suggests that crypto-specific factors \u2014 rather than general risk-on sentiment \u2014 are driving Bitcoin\u2019s moves.<\/p>\n

Still Down Nearly 30% From October Peak<\/strong><\/h3>\n

Even with the rebound, Bitcoin<\/a> remains down about 28%<\/strong> from its all-time high above $126,000<\/strong>, recorded in October 2025. Analysts note that while the fourth quarter is traditionally one of Bitcoin\u2019s strongest, those gains typically require a clear catalyst.<\/p>\n

Strategists at 10X Research emphasized that historical patterns show Q4 surges rarely occur without a meaningful trigger.<\/p>\n

Fed Rate Cut Expectations: Not a Guaranteed Boost<\/strong><\/h3>\n

Markets widely anticipate a 25-basis-point rate cut<\/strong> in December. Yet researchers at 10X Research argue that a rate cut alone may not be enough to fuel a strong Bitcoin recovery.<\/a> Their analysis suggests Bitcoin reacts more sharply to the Fed\u2019s communication and tone than to the act of cutting rates itself. A softer and generic message could help stabilize prices, but unclear or cautious messaging may add volatility.<\/p>\n

If the Federal does not cut rates in December,<\/a> strategists warn the likelihood of a sharper pullback in both equities and cryptocurrencies could increase.<\/p>\n

Liquidity Questions: The TGA Effect<\/strong><\/h3>\n

The role of the U.S. Treasury General Account (TGA)<\/a> \u2014 effectively the government\u2019s central spending account \u2014 is also under scrutiny. Some analysts expected increased TGA spending to support risk assets, but 10x Research challenges this assumption.<\/p>\n