$BTC Update (03 Dec 2025)
Bitcoin has rebounded sharply — trading above $93,000 as of today. ABP Live+2TS2 Tech+2
This marks roughly a 7–8% gain in the past 24 hours, pointing to fresh bullish momentum after a recent dip. Cryptonews+2TS2 Tech+2
The overall cryptocurrency market’s capitalization surged to an estimated $3.1 – $3.2 trillion, signalling broad recovery across major altcoins as well. TS2 Tech+2ABP Live+2
🔍 What’s Driving the Move?
Technical indicators suggest a short-squeeze setup: over $1.38 billion in short positions was concentrated between $92.5K and $94K, making the rally partly fuelled by forced liquidations. CoinMarketCap+1
At the same time, renewed liquidity, optimism about rate-cuts in major economies, and inflows into crypto ETFs have fueled renewed investor interest. Analytics Insight+2TS2 Tech+2
⚠️ What to Watch Out For
Even though price has jumped, risk remains — if threats such as large-holder sell-offs or macroeconomic shocks hit, volatility could return quickly.
Sentiment metrics (like the “Fear & Greed Index”) remain cautious — many traders still regard the rally skeptically, suggesting gains may be fragile until confidence solidifies. TS2 Tech+1
Bottom line: Bitcoin’s bounce to ~$93 K marks a potentially strong reversal after recent weakness, buoyed by shorts covering and inflows into the crypto market. But the rally still sits on shaky footing — volatility remains high and broader confidence hasn’t fully returned.
If you like — I can give you 3 prediction scenarios for Bitcoin coming weeks (bullish / bearish / neutral) based on current data.