Bitcoin Xmas rally dependant of Jerome Powell

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Last Updated on 16 November 2025 by CryptoTips.eu

Where are the buyers? That’s the question for Bitcoin right now. It’s been clear for some time that the level above $100,000 would be difficult to maintain without further stimulus and with the many “AI bubble” stories, but where is that support?

Analysts believe a drop below $90,000 could attract new buyers, while others don’t even rule out a visit to $50,000-$60,000. Panic is slowly gripping the crypto market again.

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Xmas rally

I was discussing it with some fellow commentators this week. The P/E ratio (price per earnings) of many tech stocks is far too high, so a selloff was actually a logical (and healthy for the broader market) move. Just to let off some steam so that stocks and crypto look “cheaper” again.

However, the timing is odd, as mid-November is normally the time to calmly consider a Christmas rally.

Historically, this is also the case for Bitcoin, but not this year. After a poor “uptober,” November threatens to end even more dramatically for the biggest digital currency. And then there’s December, with a final Federal Reserve meeting of which many analysts are now beginning to doubt whether Jerome Powell (Chairman of the Fed) will choose not to implement a final rate cut, simply because he also believes P/E ratios are too high and the market needs to cool down first.

What seemed like a very positive year for Bitcoin a month ago suddenly looks very different.

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu
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