by Coinstrooper Crypto Articles
Quick Take
  • The US stock market hit an all-time high on Thursday, December 11, with analysts projecting further upside.
  • It follows the Fed’s decision to cut interest rates, a move that usually lifts the stock market.
  • Lower borrowing costs boost corporate profits, encourage business investment, and increase the value of future earnings.
  • Similarly, cheaper credit increases consumer spending, while investors shift from bonds to equities in search of higher returns.

What Happened

Lower borrowing costs boost corporate profits, encourage business investment, and increase the value of future earnings. Similarly, cheaper credit increases consumer spending, while investors shift from bonds to equities in search of higher returns.

The bullish Volume Profiles (green horizontal bars) reveal a significant high-volume node around the 78.6% Fibonacci retracement level, suggesting bulls could defend $90,358 as critical support.

Market Context

Bitcoin, gold, and silver prices continue to trade with bullish biases this week, as the pioneer crypto and the two commodity safe havens see the Fed’s interest rate decision through a rearview mirror.

After policymakers decided to cut interest rates by a quarter of a percentage point, data show that the stock market is no longer flashing fear, a major break last seen in early October.

Bitcoin, Gold, Silver: Updated Price Outlook as Stock Market Calm Returns

The US stock market hit an all-time high on Thursday, December 11, with analysts projecting further upside. It follows the Fed’s decision to cut interest rates, a move that usually lifts the stock market.

Together, this improves liquidity and risk appetite, typically driving stock prices higher across most sectors. This explains why the stock market is no longer flashing fear.

Meanwhile, Bitcoin, gold, and silver are evoking similar optimism, with XAU and XAG prices surging as holding costs decline and inflation expectations rise.

Bullish Reversal Builds for Bitcoin Price as Liquidity Flows Return

Bitcoin’s daily chart shows the price recovering within a well-defined ascending channel, which formed after the sharp correction from its early October highs.

Despite still trading below the major exponential moving averages (50 and 100 at $96,583 and $101,943, respectively), BTC is showing early signs of trend stabilization. This is seen with each recent low forming higher than the previous one, a classic early-stage recovery pattern.

This level may act as an anchoring point for price inflection, potentially serving as the jumping-off point for the next move north.

A decisive candlestick close above the $90,358 level could allow BTC to target the heavier liquidity cluster around $98,000–$103,000.

Overall, BTC exhibits a controlled recovery, rising volume, and a constructive channel, but major confirmation will only come if bulls reclaim the $100,000 psychological level.

Gold Price’s Breakout Momentum Strengthens Above Key Resistance

The 4-hour chart for the XAU/USD trading pair shows the gold price teasing with a clean breakout from a long, compressing symmetrical triangle. This technical formation formed after the sharp $490 retracement (-11.19%) earlier in the quarter.

Symmetrical triangles at the top of an uptrend often behave as continuation patterns, where price consolidates before resuming its prior direction. Gold’s breakout aligns with this playbook, pushing above the downtrend line with strong momentum.

Meanwhile, the gold price is currently stabilizing around $4,273, where the breakout candle closed. As long as Gold holds above the triangle’s upper boundary, the bullish structure remains intact.

Why It Matters

Meanwhile, the RSI (Relative Strength Index) indicator remains neutral, suggesting room for expansion in either direction.

The histograms of the AO indicators (Awesome Oscillator) are edging toward positive territory and flashing green, suggesting bullish momentum is growing.

Nonetheless, short-term bullish continuation depends on maintaining the upward channel structure. Breaking below the lower boundary of the channel, which confluences with the 78.6% Fibonacci retracement level at $90,358, would expose BTC to bearish pressure, with the ensuing seller momentum likely to send BTC to the range between $86,000 and $80,600.

Details

The main challenge remains reclaiming the EMAs, particularly the 50-day and 100-day, which cluster around $96,583 and $101,943.

Historically, BTC tends to accelerate once it breaks above these moving averages during mid-cycle consolidations.

The measured move of the triangle projects an upside target of roughly $4,720, up by just over 11% above the breakout point.