Bitcoin price has jumped past the $92,000 level amid aggressive dip buying as analysts eye a potential year-end rally.
Bitcoin BTC $80 786 24h volatility: 0.6% Market cap: $1.62 T Vol. 24h: $17.43 B has started the week strongly with a 60% surge in its 24-hour trading volume. The leading cryptocurrency has crossed the key level of $92,000 and gained $50 billion in market cap over the past day.
Analyst Michael van de Poppe noted on X that the CME Gap was filled early on Dec. 8 when BTC dipped to $89,400, but the traders quickly bought the dip. He believes the strong demand could help BTC hold above the $92,000 resistance in the coming days.
A good start to the week.
The CME Gap was indeed closed at the open of trading, as the #Bitcoin price fell to $89.4K.
However, the drop was quickly bought up by traders, as the price is now fighting the crucial resistance zone.
Given that there's such an intense buying… pic.twitter.com/faeejbuTYE
— Michaël van de Poppe (@CryptoMichNL) December 8, 2025
The analyst sees a possible rally toward the psychological level of $100,000 before 2025 concludes, given the buying momentum stays firm.
Analyst Ted echoed the caution and noted that the $89,500 CME gap will likely fill this week. This makes the $88,000-$89,000 range very important for Bitcoin bulls to defend.
$BTC is moving into the $92,000-$94,000 resistance zone again.
Bitcoin also has an active CME gap around the $89,500 level, which will likely get filled this week.
After that, it'll depend on how strongly bulls defend the $88,000-$89,000 level. pic.twitter.com/GbG4pru2Q0
— Ted (@TedPillows) December 8, 2025
Bitcoin Taker Buy Volume Spikes
Meanwhile, data by CryptoQuant shows repeated bursts in Bitcoin’s Taker Buy Volume over the past two weeks. This further implies steady buying pressure during sharp dips as each recent pullback has led to heavy acquisition.
CryptoQuant analysts suggest bullish signals with strong dip demand and whale activity. However, they caution that buyers may be slowing down as price responses weaken.
Bitcoin’s taker but volume | Source: CryptoQuant
What’s Next for BTC Price?
Meanwhile, traders are also eyeing the Federal Reserve meeting on Dec. 10, with analysts expecting a 0.25% rate cut. Weak jobs data points to a softening labor market, while inflation concerns leave the Fed in a tight spot.
A rate cut would expand liquidity and could support BTC in the near term. Moreover, the market is also due for a year-end Santa rally.
However, not everyone agrees. Analyst Ali Martinez noted BTC recently fell below its Realized Price to Liveliness Ratio. Past cycles show BTC often drops toward its Realized Price after this signal.
When Bitcoin $BTC slips below its Realized Price-to-Liveliness Ratio, it often finds support near its Realized Price.
That level is $56,355 right now. pic.twitter.com/ASxn7JYNN4
— Ali (@ali_charts) December 8, 2025
That level currently sits at $56,355, which means there is still a possibility of a deeper pullback.
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