Bitcoin Surges Past $90,000 as Kalshi Traders Assign 60% Probability to $100K Year-End Target

Bitcoin climbed above $90,000 following a 13% recovery from lows of $80,000, with traders on the Kalshi exchange assigning a 60% probability to the asset reaching $100,000 by the end of the year.

The rally accelerated after U.S. Treasury Secretary Scott Bessent stated there was a “very good chance” that President Donald Trump would announce his Federal Reserve chair pick before Christmas. Consequently, markets are pricing in an 85% probability of a rate cut in December.

The current Federal Reserve chair, Jerome Powell, has a term that ends in May. Expectations that a more dovish successor will be appointed have raised hopes for earlier or deeper interest rate cuts, thereby boosting risk assets ranging from equities to cryptocurrencies.

According to Bessent, five strong candidates remain in second-round interviews and are progressing well.

Source: TradingView

Macro Headwinds Persist Amid Recovery

Federal Reserve officials have signaled a willingness to support rate cuts, with investors monitoring upcoming jobless claims data for clues regarding the timing of the pivot.

However, credit risk in AI-linked technology stocks has increased amid widening credit default swap spreads.

Concerns regarding the pace of AI spending, particularly concerning Nvidia’s inventory levels, have also drawn attention as Bitcoin continues to move in lockstep with the Nasdaq.

Crypto exchange-traded funds (ETFs) continue to experience net outflows, with several products trading below their indicative net asset values.

Strategy’s Bitcoin treasury is facing scrutiny after its stock appeared on MSCI’s delisting watchlist, raising fears of spillover selling pressure.

Tom Lee also scaled back his forecast from $250,000 to above $100,000, noting that Bitcoin may only “maybe” retest October’s all-time high of $125,100.

Lee explained that this more cautious view stems from the October 10 market crash, which was caused by a glitch that triggered automatic liquidations, wiping out nearly 2 million accounts.

However, Lee pointed to rising gold demand from crypto-backed stablecoins as a factor helping to establish a higher future price floor.

Tether, the issuer of the USDT stablecoin, has become the largest private gold holder globally, surpassing several central banks.

Liquidity Zones Define Bitcoin Price Prediction

According to analyst Tracer, Binance, Wintermute, and Bybit purchased over $10 billion in Bitcoin within a five-hour window, with accumulation continuing.

Currently, most liquidity is stacking to the upside, with significant clusters forming at the $85,000–$86,000 level.

Reclaiming the $93,000–$94,000 zone could pull the price toward $100,000.

Most of the liquidity for $BTC is still to the upside.
But some liquidity clusters are building around the $85,000-$86,000 level too.
If Bitcoin reclaims the $93,000-$94,000 zone, I think $100,000 BTC could happen first before any downside. pic.twitter.com/mCPvmeqlb9

— Ted (@TedPillows) November 27, 2025

Daily charts show Bitcoin trading at $90,484, establishing support above $90,000 after breaking through $88,000 resistance.

Immediate resistance appears at the $92,000–$94,000 level, followed by the $98,000–$101,972 range and a major zone at $106,000–$107,000.

The $97,000–$98,000 area shows heavy liquidity following a sustained selloff, which has resulted in lower highs.

Moreover, the 90-day spot taker Cumulative Volume Delta (CVD) has turned neutral, indicating easing selling pressure. A shift toward buying dominance could trigger a sustained rally.

Source: X/@TedPillows

A lower timeframe setup requires a break above resistance for bullish continuation toward $96,000–$98,000 targets.

A break below the trendline, coupled with a 4-hour close under $86,500, could drive prices toward lower zones, potentially creating a double bottom.

Notably, Thanksgiving historically weighs on market sentiment, with an average loss of 0.8%.

However, this year’s pre-holiday rally suggests that 2025 could break this pattern, as Glassnode warns that Bitcoin remains structurally weak after losing the 50-week moving average.

Looking forward, a successful hold above $90,000 can pave the way for an advance toward the $92,000–$94,000 resistance zone, and potentially toward $98,000–$100,000.

A failure of support might trigger a retest of $88,000, with deeper corrections toward the $81,000–$82,000 range possible.

Layer-2 Innovation Unlocks Bitcoin’s Full Potential

Bitcoin’s recovery may also be influenced by persistent scalability challenges that limit ecosystem growth.

BTC Hyper addresses these constraints by integrating the Solana Virtual Machine for high-speed, low-cost smart contracts while maintaining Bitcoin’s security foundation.

The project’s presale surpassed $28 million, nearing a close price of $0.013 per token, attracting significant whale investments and ranking among 2025’s top fundraisers.

Public testnet launches are scheduled for Q4 2025/Q1 2026, with mainnet preparations advancing rapidly.

The network offers staking with APYs up to 40%, incentivizing long-term participation. The native token powers network fees, governance decisions, and rewards distribution.

Analysts forecast explosive adoption in 2026 as Bitcoin’s rally drives demand for scalable infrastructure solutions.

To buy $HYPER, visit the official Bitcoin Hyper website and connect your wallet, such as Best Wallet. Users can swap crypto or use a bank card.

Visit the Official Website Here

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