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Predicted Bitcoin price plunge to $117,000 imminently unveiled

Experienced cryptocurrency trader predicts Bitcoin could plummet to as low as $117,000, citing bearish indicators and market trends.

Possible decline of Bitcoin value may imminently dip below $117,000.
Possible decline of Bitcoin value may imminently dip below $117,000.

Predicted Bitcoin price plunge to $117,000 imminently unveiled

In the world of cryptocurrencies, the market is currently displaying a mix of resilience and volatility. As of 8th December 2025, Bitcoin (BTC) has experienced a fourth consecutive day of net inflows, despite a recent reversal and correction that saw prices fall below the $120,000 mark.

The current technical outlook for Bitcoin is significant. The digital currency is closely monitoring a critical support level around $110,530–$111,685. A rebound above its 50-day moving average (around $113,000–$114,000) could lead to a short-term rally, with near-term analyst targets clustering between $114,000 and $125,000. Some bullish forecasts predict a potential surge toward $125,000 within the next month, with a more aggressive long-term price target of up to $180,000 by year-end given institutional inflows and ETF-related demand.

Ethereum (ETH), the second-largest cryptocurrency, holds a key battleground zone between $3,350 and $4,000. A breakout above $4,000 could indicate a possible new uptrend. Ethereum’s increasing market share at Bitcoin’s expense (BTC dominance down from 64.5% to 59.7%) suggests a shift in the ecosystem dynamics.

The crypto market's volatility in August 2025 was driven by macroeconomic uncertainty and leveraged liquidations. The market is sensitive to Federal Reserve policy moves, inflation data, and broader financial market turbulence. Investors are advised to maintain agility, use stop-loss orders, and hedge exposures with macro tools such as Fed funds futures and inflation-linked bonds.

Despite the recent correction, cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, and XRP have rebounded from multi-week lows, showing resilience even as traditional markets falter. Network fundamentals like transaction volumes and on-chain metrics remain robust, with 92% of Bitcoin holdings in profit, supporting positive technical momentum.

Tom Lee of Fundstrat predicts Ethereum could reach $16,000, a 272% increase from its current price. Samson Mow of Jan3 suggests a rotation of funds from Ethereum to Bitcoin could support a short-term Bitcoin rally.

It is essential to remember that the crypto market, including Bitcoin, remains highly volatile. Investors are advised to conduct their own research before making decisions and to balance confidence with caution, adapting strategies to fluid macro and technical conditions.

This article aims to inform readers about recent market developments but does not constitute investment advice. The overall market sentiment remains optimistic despite bearish signals for Bitcoin, reflecting a cautiously optimistic outlook amid recent volatility and a recent correction in Bitcoin.

[1] CoinDesk (2025). Bitcoin Tests Support as Analysts See $125,000 Target. [online] Available at: https://www.coindesk.com/business/2025/12/08/bitcoin-tests-support-as-analysts-see-125000-target/

[2] Cointelegraph (2025). Bitcoin Mining Difficulty Hits New All-Time High, Reinforcing Network’s Strength. [online] Available at: https://cointelegraph.com/news/bitcoin-mining-difficulty-hits-new-all-time-high-reinforcing-network-s-strength

[3] Decrypt (2025). Ethereum Price Prediction: ETH Could Reach $16,000 According to Tom Lee. [online] Available at: https://decrypt.co/77423/ethereum-price-prediction-eth-could-reach-16000-according-to-tom-lee

[4] The Block (2025). Institutional Demand for Bitcoin ETFs Continues to Grow. [online] Available at: https://www.theblockcrypto.com/post/113118/institutional-demand-for-bitcoin-etfs-continues-to-grow

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