Key Notes

Bitcoin rebounded to $94,600 with strong trading interest.

Spot ETFs recorded $151 million in inflow on December 9.

The market waits for the upcoming Fed rate decision.

Bitcoin BTC $93 005 24h volatility: 3.2% Market cap: $1.86 T Vol. 24h: $53.74 B climbed back to $94,600 amid sharp pickup in trading activity in the late hours of Dec. 9. The quick surge above key resistance pushed traders back into the market and resulted in fresh fear of missing out (FOMO).

🤑 Bitcoin enjoyed a much needed rebound back to $94.6K today, reinvigorating traders, causing them to FOMO back in and expect higher prices. According to our social data scraping X, Reddit, Telegram, & other data, calls for "higher" & "above" exploded.

🟦 High bars indicate… pic.twitter

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