Bitcoin on fire sale?

[bbc.reporter]

The skeptical me is thinking that there might be a powerful group of people in America that supports Circle's USDC and they might be starting to make everyone think that Tether is not safe.

Another skeptical speculation is that American government might want stablecoin issuers like Tether to hold more US treasuries in their balance sheet. Will this downgrade on Tether cause them to dump some bitcoin to buy US treasuries? This will be headshaking for the market.



S&P downgrades Tether’s stability rating to ‘weak’ as Bitcoin holdings exceed safety buffer

Tether’s ability to maintain its dollar peg was downgraded by the S&P Global Ratings agency, citing a dangerous shift toward riskier assets in the world’s largest stablecoin’s reserves.

On Tuesday, the rating agency reassessed Tether to 5, labeled “weak,” from 4, labeled “constrained.” The Stablecoin Stability Assessment now puts Tether in the same category as TrueUSD, which has lost access to nearly all its reserves.

Meanwhile, Tether’s largest competitor, Circle’s USDC, holds an S&P rating of 2, labeled “strong.”

High-risk assets including Bitcoin, gold, secured loans, and corporate bonds now account for 24% of total reserves, up from 17% in September 2024. Bitcoin exposure has also grown to 5.6% of circulation, exceeding the safety buffer for the first time. A Bitcoin crash combined with losses in other risky assets could leave USDT undercollateralised.

And the problem is that in the past month, Bitcoin has crashed by 20%.

Read in full https://www.dlnews.com/articles/markets/top-ratings-agency-downgrades-tether-stability-to-weak/

[minairia3]

Another skeptical speculation is that American government might want stablecoin issuers like Tether to hold more US treasuries in their balance sheet. Will this downgrade on Tether cause them to dump some bitcoin to buy US treasuries? This will be headshaking for the market.

There is no need to speculate, because that is exactly what the US wants and why they quickly passed the GENIUS Act just for stablecoins. The GENIUS Act requires stablecoins that want to operate in the US market to be backed 1:1 by safe assets such as cash, bank deposits or Treasury bonds.

However, S&P's downgrade of Tether's stability rating won't change anything. Because as far as I know, Tether is reportedly planning to create a stablecoin specifically for the US market. They have no intention or plan to seek to legalize USDT in the US and eurozone markets.

Tether seems to have bigger plans as they become one of the companies with the largest gold reserves in the world and could be on par with central banks like South Korea.

https://www.coindesk.com/markets/2025/11/20/tether-s-gold-hoard-surges-to-116-tons-rivals-small-central-banks

[Kaliandra]

Bitcoin is indeed having a big sale, or you could say it's on discount because its price is falling, especially a few days ago when, as I recall, BTC fell to around $80k. So, anyone who took advantage of that moment by buying BTC has definitely made a profit now because the price of BTC is currently rising. The current price of BTC is around $90k. Fortunately, I bought BTC at $81k and am now making a profit if I sell it now. However, I see the potential for BTC prices to rise again because the bullish season may not be over yet. But I also want to know where you think BTC prices are headed—will they continue to rise or fall? But right now, I feel sorry for those who sold BTC when the price dropped and ended up suffering losses due to panic. However, in my opinion, the current BTC price can still be considered cheap because the upcoming increase could be even better, potentially leading BTC to set a new all-time high. But one thing is certain: we must be prepared for the risks.

[bbc.reporter]

It appears that there are people who are speculating that this present fire sale that bitcoin is presently having might become a fire sale of the present fire sale hehehe.

I am shaking my head vigorously now and I am praying wishfully that we will not dump anymore. This has been very painful feelings similar to 2022. This analyst is bullish for 2026, however.



Expect deeper price drawdowns as Bitcoin’s ‘maturing phase’ continues, says analyst

The recent brutal price drawdown isn’t the end of the cycle but instead a sign that the market is maturing, says Fabian Dori, chief investment officer at Sygnum bank, who argues that sharper swings should be expected as Bitcoin transitions from fringe speculative asset to a more established market.

“From a cycle perspective, we see a maturing phase rather than an ending one,” Dori wrote in a Thursday note to clients. “Volatility and drawdowns could indeed become more pronounced — but the macro environment remains supportive.”

Read in full https://www.dlnews.com/articles/markets/expect-more-price-turmoil-as-bitcoin-matures-says-analyst/

[STT]

First thing to say is for sure you can scale in but to say we know the future price is not the case.   I doubt I will get my wish which is for the previous years highs to be seen at least for a day, so all the way back to 2021 prices, I want the high price to be buyable now because with reference to all that time others have held & you are skipping the queue!

  BTC price fall like right now should be seen as like a black friday sale, rather then some absolute negative.  I do my best to always remember the price in a market is like an advert or price tag in a supermarket, its there to entice buyers it doesnt mean its forever or 100% accurate but the market always must provide buyers a reason to be buying on every single day even the holiday this day.

[dezoel]

Not just you, most people regret not selling when bitcoin price was above $125k, including me. The truth is, most of us set our expectations too high and unrealistically high, and now we all feel a little regretful.

But as I said, I believe not many people dared to buy when bitcoin price dropped to $82k in the past few days. But the funny thing is, they’re perfectly comfortable giving buy advice to others at this moment.

Honestly, in my opinion, people should not buy at this point because a bear market is inevitable and we will not lack better buying opportunities.

I agree that many people lost the opportunity to sell when bitcoins were at a peak of $125k because they believed in long term growth. I do not think they made a mistake but they just will need to hold their orders for much longer duration now. I do not see buying opportunity yet because I am expecting further dump but still just to be on a safer side, I have started buying smaller portions so I can average my entry price if the price keeps dropping. I do not want to miss this opportunity to buy bitcoins as they are already on sale as of now.

I think holiday season has made bitcoins go on sale and this should just be an another buying opportunity for all those who missed to sell at peak. They can still continue buying and holding for a couple of months before they can start seeing the profits.

[STT]

Its not a fire sale its black friday or thanksgiving or just holiday season this whole month till year end basically.   Abnormal times can create anti trend movements and distortion.

  What I see at the present is weakness and a need for Bitcoin to prove its recovery.  With weaker dollar apparent its quite possible but I see a fight ahead, price is lower but always assess risk and your capital flow.

[bbc.reporter]

According to this Bitwise CIO, there is not much dump more that will happen from the present price of bitcoin. I am beginning to agree with this his argument, however, we should certainly still be very much cautious.

In any case, I predict that the occurrence that might cause bitcoin to dump under $80k might be the bubble  pop of the AI bubble. This will certainly affect the much of the markets in the world.



Bitcoin’s brutal selloff may be nearly over.

That’s the message from Bitwise chief investment officer Matt Hougan, who told investors that Bitcoin price is somewhere near the bottom of a six-month correction with “not much downside left.”

“We’re in this uncomfortable bear market,” Hougan said in a December 3 panel with investors. “We’re in a six-month bottom phase, and somewhere in that period we’re close to the bottom.”

Bitcoin was trading around $92,000 on Thursday, down more than 25% from its October highs above $120,000.

Read in full https://www.dlnews.com/articles/markets/bitcoin-downside-limited-said-bitwise-cio-matt-hougan/

[Oshio-man]

I agree with you that the time to buy bitcoin is now because the price has decreased below $100k for short term and long term investors to begin to accumulate bitcoin again, the only investors that are going to miss out not to buy bitcoin in this low price, are those that don't have funds to buy bitcoin because they are still holding bitcoin they bought when the price decreased to $100k few weeks ago, what am seeing now is bearish season because the price of bitcoin has be down over some weeks now, and I think it will decrease again before the end of this month to touch $60k, and it will move many investors to use the price to  add to their bitcoin because that is the price that will convince many that we are in the bearish season.

[bbc.reporter]

It appears that according to the analysts of Bitfinex, bitcoin's fire sale might continue because the demand is going lower. They are comparing the demand on the stock market and the cryptospace and I reckon that because these are different markets, it might be a mistake to make this type of comparison. I am not an expert, however heheheh. I am only a biased holder of cryptocoins heheheheheheheeh.



Bitcoin attempted a late weekend rally, but even those small gains were mostly reversed in early U.S. action Monday, with the price quietly settling in near the $90,000 area for the remainder of the day.

Trading around $90,500 as U.S. stocks closed, bitcoin was lower by about 1% over the past 24 hours.

Despite bitcoin's recent bounce from the November lows, Bitfinex analysts warned that the largest crypto is grappling structural softness and weakening spot demand.

While the S&P 500 is trading near record highs, BTC is stuck rangebound, highlighting a deepening divergence between crypto and traditional risk assets that points to relative weakness, they pointed out in a Monday report.

Read in full https://www.coindesk.com/markets/2025/12/08/bitcoin-treads-water-near-usd90k-as-bitfinex-warns-of-fragile-setup-to-shocks

[bounceback]

I agree with you that the time to buy bitcoin is now because the price has decreased below $100k for short term and long term investors to begin to accumulate bitcoin again, the only investors that are going to miss out not to buy bitcoin in this low price, are those that don't have funds to buy bitcoin because they are still holding bitcoin they bought when the price decreased to $100k few weeks ago, what am seeing now is bearish season because the price of bitcoin has be down over some weeks now, and I think it will decrease again before the end of this month to touch $60k, and it will move many investors to use the price to  add to their bitcoin because that is the price that will convince many that we are in the bearish season.

During the decline that occurred in the last few weeks, the lowest price of bitcoin was at the level of $ 83k but after that bitcoin was quickly able to recover its price to the area of ​​$ 90k, even though the market is currently in a decline phase but for me if there is a decline that will occur again during this time it will not make bitcoin fall to the price of $ 60k because if we look at it, it seems that the panic in the market has now decreased so that even though bitcoin will experience a decline again, it will probably only fall to the area of ​​$ 80k or between $ 70k as the lowest price will not fall more than that level if we talk about the possibility of a decline until the end of this month.

[348Judah]

If we must take advantage of bitcoin investment, then it lies in our various abilities to discover the suitable time for an entry, mostly at the fall of the market, which we can see from the example being made by OP, starting from the recent fall, some already have taken the advantage of buying the dip and hold, waiting more for the market pump they could sell and take their profits, as Bitcoin requires time and more of speculations over the market tends.

[AprilioMP]

It appears that according to the analysts of Bitfinex, bitcoin's fire sale might continue because the demand is going lower. They are comparing the demand on the stock market and the cryptospace and I reckon that because these are different markets, it might be a mistake to make this type of comparison. I am not an expert, however heheheh. I am only a biased holder of cryptocoins heheheheheheheeh.

I believe Bitfinex's analysis of the massive sell-off is correct, suggesting it will continue for some time to come, and we don't know when it will end. This is evident in the price, which has yet to rise near $100,000 and has stagnated below $95,000 in the near term. I believe the high level of selling in the spot market is still ongoing, as I've observed over the past two days on the Binance exchange chart.
If I compare the stock market to the crypto market, I don't think it's a similarity, although I'm not an expert like others to conclude that they are.

[puloweh555]

If we must take advantage of bitcoin investment, then it lies in our various abilities to discover the suitable time for an entry, mostly at the fall of the market, which we can see from the example being made by OP, starting from the recent fall, some already have taken the advantage of buying the dip and hold, waiting more for the market pump they could sell and take their profits, as Bitcoin requires time and more of speculations over the market tends.

If you have long-term goals, this decline presents an opportunity because Bitcoin is on sale, meaning it's an opportunity to continue acquiring more Bitcoin. But to remain steadfast in the long term, you must also have faith that Bitcoin will return to its all-time high.

For Bitcoin enthusiasts, they won't see the fall as a problem; they'll even see it as an opportunity to buy Bitcoin and wait for another record high. Even for those who believe in Bitcoin a price correction like this is simply fueling up before taking off again. Remember last year, Bitcoin fell -32% from its all-time high, then rose 34% to reach a new all-time high in just a few months. So in my opinion, the current Bitcoin price is a sale price that we should take advantage of. Therefore if you have free funds, buying Bitcoin is the right decision.

[bbc.reporter]

It appears that according to the analysts of Bitfinex, bitcoin's fire sale might continue because the demand is going lower. They are comparing the demand on the stock market and the cryptospace and I reckon that because these are different markets, it might be a mistake to make this type of comparison. I am not an expert, however heheheh. I am only a biased holder of cryptocoins heheheheheheheeh.

I believe Bitfinex's analysis of the massive sell-off is correct, suggesting it will continue for some time to come, and we don't know when it will end. This is evident in the price, which has yet to rise near $100,000 and has stagnated below $95,000 in the near term. I believe the high level of selling in the spot market is still ongoing, as I've observed over the past two days on the Binance exchange chart.
If I compare the stock market to the crypto market, I don't think it's a similarity, although I'm not an expert like others to conclude that they are.

Their analysis on bitcoin might be correct, however, the comparison with stocks might be incorrect. They are different markets. But yes, sometimes they have a correlation and sometimes they do not. This might be a do not occurrence hehehe.

In any case, I am noticing that the influencers in the forum also appear to be experts on economics heheheheeehh. They declare that the cutting of the interest rates will pump the cryptospace. There is bad news for them according to this article.



This week, the difference is Wednesday's Federal Reserve interest-rate decision, with the market overwhelmingly predicting a 25 basis-point cut. Reductions are generally perceived as bullish for risk assets like cryptocurrencies because the dollar becomes less valuable to hold.

But the probability of a rate cut has been high for weeks, meaning that eventuality is likely to be priced in already. If that's the case, risk assets could sell-off on the news because it would mean there are no more bullish catalysts for the rest of the year.

Read in full https://www.coindesk.com/markets/2025/12/09/crypto-markets-today-bitcoin-slips-back-toward-danger-zone-ahead-of-fed-decision

[Leahized]

If we actually subscribe to the idea of buying the low, then I think it’s appropriate to buy Bitcoin at this current market price. Should anyone be waiting for Bitcoin to further dip, that could easily translate into a lost opportunity because, Bitcoin haven’t gone way past $125k for an ATH have been able to dump to a price about $88k and $90k. These are price limits that wasn’t previously speculated and so, not buying at these prices could prove to be a mistake.

Bitcoin was currently hovering around 92.6k but now the price has dropped a bit. Which is normal for Bitcoin. Yes you are right because we can never predict the exact price and predict the future. Moreover, with the current position of Bitcoin, there is a golden opportunity for everyone to buy and it should not be missed. And we always have to remember, Bitcoin will start pumping anytime as it has been staying in the 89k to 92k range for a long time. Also we have seen many such cases in the past, btc move up very fast, which is beyond our plan. But you can buy at any price to hold bitcoin,No problem.

[@nn@_pen9]

Bitcoin is indeed having a big sale, or you could say it's on discount because its price is falling, especially a few days ago when, as I recall, BTC fell to around $80k. So, anyone who took advantage of that moment by buying BTC has definitely made a profit now because the price of BTC is currently rising. The current price of BTC is around $90k. Fortunately, I bought BTC at $81k and am now making a profit if I sell it now. However, I see the potential for BTC prices to rise again because the bullish season may not be over yet. But I also want to know where you think BTC prices are headed—will they continue to rise or fall? But right now, I feel sorry for those who sold BTC when the price dropped and ended up suffering losses due to panic. However, in my opinion, the current BTC price can still be considered cheap because the upcoming increase could be even better, potentially leading BTC to set a new all-time high. But one thing is certain: we must be prepared for the risks.

There is definitely profit, it all depends on how much we invest. I think if we get profits in the short term, I think it is not relevant, maximum or significant. It would be better to hold your assets for the long term if you want to get maximum profits. We must remember that the bull run phase is almost over and we also never know whether Bitcoin will break through its latest ATH above $120 thousand or not. There are many factors that influence Bitcoin price.

If people are experienced enough, they will not sell Bitcoin in the declining phase yesterday and on the contrary, if there is a price phase like yesterday, a sharp decline that is quite significant, They'll definitely buy it, and they'll certainly focus on accumulating as much as they can and holding it for the long term. Experience gives them a solid mindset and foundation for investing.

[boyptc]

Bitcoin was currently hovering around 92.6k but now the price has dropped a bit. Which is normal for Bitcoin. Yes you are right because we can never predict the exact price and predict the future. Moreover, with the current position of Bitcoin, there is a golden opportunity for everyone to buy and it should not be missed. And we always have to remember, Bitcoin will start pumping anytime as it has been staying in the 89k to 92k range for a long time. Also we have seen many such cases in the past, btc move up very fast, which is beyond our plan. But you can buy at any price to hold bitcoin,No problem.

It has pumped actually and managed to be back to $94k. But it didn't stayed there for so long and that's another normal move for it as that speaks for its volatility.

The golden opportunity might have been gone for long already but that doesn't mean, the other opportunities have passed.

They are still there and it's never too late for those who haven't bought yet. This year might have been the best of the bull run but they say that it might be extended by 2026, no one knows.

But I'll stick to the usual cycle and what happens by that time.

[Akaenyi]

According to this head of research André Dragosch, the price on bitcoin is presently good for buying? Does everyone agree or disagree?

I believe this is the best time to buy Bitcoin. The price of Bitcoin has dropped significantly, so it is very important to buy more Bitcoin with your own confidence and as much as you can. Bitcoin long-term investment system when we consistently buy Bitcoin with this mindset and hold it for the future, we can reach our specific goals and protect ourselves from inflation. Those who buy Bitcoin at this time and hold it for the future can definitely expect to get long-term benefits.

Common sense will tell anybody that is holding a volatile asset that anytime it dip is a good time to buy and Bitcoin is no different. Nobody knows how long Bitcoin will dip before it starts to bounce back and as long as it continues to dip you can continue to fire up your buying.  Bitcoin currently stands at $92,000 presently and that means that if it continues to go up it can cross $100,000 and those that have bought the dip will be very happy. From what I have learnt about Bitcoin if you are investing in it on DCA method you should not worry about current price, buy at any price and hold for many years to get profit.

[GeorgeJohn]

According to this head of research André Dragosch, the price on bitcoin is presently good for buying? Does everyone agree or disagree?

Immediately the price of Bitcoin reduce in price by 5% I think is good for anyone who have interest in Bitcoin to purchase it because there's every tendency that the price might increase...For me it's advisable to purchase bitcoin after the price falls despite that there's no best time to purchase bitcoin...

We cannot argue against him the price is more cheaper than before, however, how can we be certain that this will not dump again

It's not certain that price of Bitcoin will dump or drop again, the price is unpredictable it can rise at anytime and also falls at anytime, there's no speculation is assured or accurate in Bitcoin.

because there are still others who have not sold who will sell during the pump?

It's out of fear and curiosity that makes some people to sell their Bitcoin when is not needed...The panic in them and lacks of endurance and understanding leads people to sell Bitcoin when is not necessary.