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Dec 17, 2025Year-end tax-loss selling could pressure Bitcoin into late 2025, with key support near $83,800 and downside risk toward $80,000 if selling intensifies.
Bitcoin rose about 2% in Asian hours on Wednesday as regional shares edged higher, and traders kept one eye on Thursday’s US inflation print for clues on how much room the Federal Reserve has to cut rates in 2026.
Tech Rebound Lifts Asian Mood As CPI Looms
Technology shares helped lift sentiment after a bruising stretch. South Korea’s KOSPI gained 0.6% and Hong Kong’s Hang Seng added 0.3%, as buyers returned to large-cap tech names and the broader AI complex.
Some of that lift spilled into the robotaxi theme in Hong Kong. Pony AI and WeRide climbed more than 3% each, tracking strength in Tesla after chief executive Elon Musk said the carmaker was testing robotaxis with no human safety drivers.
Payroll Surprise Fails To Ease Growth Concerns
A Labor Department report showed nonfarm payrolls rose by 64,000 jobs in November after an October drop linked to government spending cuts, and the unemployment rate climbed to 4.6%. Separate figures showed retail sales were flat in October, slightly below economists’ expectations.
He said that dynamic could weigh on prices into the end of 2025 and leaves room for a slide below $80,000 if the sell-off deepens. In the near-term, he pointed to the ETF cost basis around $83,800 as a key level, with further support near $81,200, which he described as the market’s true mean.
Japan Gains On Trade Data As Rate Hike Bets Build
Japan’s Nikkei 225 added 0.3% and the broader Topix gained 0.1% after trade data showed exports beat expectations, a signal that overseas demand is supporting growth into year-end. Traders also watched the Bank of Japan ahead of Friday’s policy decision, with markets leaning toward a rate increase as the yen stays weak and inflation remains sticky.
US rate expectations also sat under a leadership storyline, after the Wall Street Journal reported President Donald Trump is set to interview Fed Governor Christopher Waller on Wednesday for the chair role, adding another variable to a week already driven by CPI risk
Sources >> Asia Market Open: Bitcoin Holds $87k As Shares Nudge Up On Mixed US Jobs Report