Bitcoin faces key levels at $96k, $90.6k and $89.9k after 9 December FOMC meeting

The U.S. Federal Reserve began its final meeting of the year on 9 December, with traders mostly pricing in a 25 bps rate cut and only a small chance of 50 bps. Bitcoin rose 5.7% in 12 hours to touch $94k, but analysts flagged resistance at $94k–$96k and warned that a drop below $90.6k and $89.9k could mark the start of a deeper pullback, according to CME Group’s FedWatch tool. Previous 25 bps cuts in September and October were followed by BTC declines of 8% and 12%, so traders are advised to stay cautious around these critical price zones.