Bitcoin’s Bloody Friday: Slipping to $90K – Dip Buy or Dead Cat Bounce? 🚨📉

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WallStreet Queen's Battle Plan: Fear = Opportunity

By WallStreet Queen Official
December 5, 2025

Queens and kings of crypto, gather ’round – the market’s flashing red like a holiday sale gone wrong! Bitcoin’s early weekend crash has wiped out gains, dragging the whole sector into the abyss. At WallStreet Queen Official, we’re not panicking; we’re plotting. Softer-than-expected private inflation data (hello, PCE hope?) hints at a Fed pivot that could flip this script by Monday. Let’s dissect the carnage, hunt for alpha, and map your rebound play. No fluff – just facts and fire. 👑

The Red Tsunami: BTC Dives, Alts Get Annihilated

Bitcoin didn’t wait for its infamous Sunday swoon – it kicked off the holiday slide Friday morning, plunging from $94K highs to sub-$90K lows in early U.S. hours. 12 We’re talking a 1-2% daily bleed, with BTC last hovering around $89,251 (down from Thursday’s $96,593 close), erasing much of last weekend’s panic rebound from $84K. 16 The 24-hour range? A brutal $90,889–$93,605, with volatility spiking as options expiry and ETF outflows ($195M net yesterday, led by BlackRock’s $113M dump) fuel the fear. 22

The altcoin apocalypse is worse: Ether’s off 2% to $3,068 (post-Fusaka upgrade glow faded fast), while Solana (-4.5% to $133.90), Cardano (-4.2% to $0.4221), Dogecoin (-4.8% to $0.1413), and even HYPE (-5.1% to $31.49) are bleeding harder. 23 Broader market cap? Down 1.1% to $3.23T, with PayFi and DeFi sectors tanking 4%+. 22 XRP’s leading the loser pack at -4.37% to $2.08, but privacy plays like Zcash spiked 10% amid the chaos – pockets of green in a sea of crimson. 30

Crypto equities? Obliterated. MicroStrategy (MSTR) cratered 4-7%, Galaxy Digital (GLXY) and CleanSpark (CLSK) followed suit, as Velo data flags pre-U.S. open as the “bear witching hour.” 15 Liquidations hit $608M in 24 hours, per Coinglass – a $1B wipeout earlier this week still echoing. 27

X is a battlefield: Traders eye sub-$90K targets (“Drop below $90.2K → trip over,” quips @vishwaroopa1716), while bulls like @laurashin thread on dodged $50K bullets and $100K bets via options smart money. 7 @plum_btc’s AI calls a 60% shot at $90.5K next, blaming $5.8B realized losses and weak on-chain vibes. 4

Macro Mayhem: Inflation Tease vs. Consolidation Curse

Blame game? Risk-off vibes from a “weak” November (BTC shed 17-18%, worst since ’21) spilling into December, with seasonality mixed (avg +9.7% gains, but three negative years running). 13 27 ETF outflows signal caution, but Tom Lee’s “bottomed” call and Bitmine’s ETH/BTC hoarding scream accumulation. 25 JPMorgan sticks to $170K gold-linked targets despite the dip – institutional conviction intact. 3

The silver lining? Today’s softer private inflation (PCE whispers) could greenlight a Fed cut next week, per analysts – a sentiment reversal catalyst. 12 Fear & Greed? Stuck at 25-26 (Fear zone), but Santiment says low stablecoin yields mean no overheating – just healthy reset. 23 Glassnode warns: Hold $96K-$106K or brace for macro shocks; below that, $80.4K support looms. 13 23

Analysts forecast consolidation into year-end, not rapid rebound – but alts could outperform in low-liquidity December chops. 30 Long-term? $112K-$125K by Dec close, per CoinDCX, with $120K-$125K stretch goals if supports hold. 14

WallStreet Queen’s Battle Plan: Fear = Opportunity

This dip? Classic mid-cycle correction (30% from ATH, echoing 2024’s bounces). 12 We’re eyeing $86K as the line in the sand – defend it for $93K rebound; crack it, and $83K-$85K tests incoming before $100K dreams. 20 Alt plays: Zcash’s 10% pop screams privacy rebound; watch TAO/ENA/AVAX for 4-8% upside in the rubble. 29

Risks? More outflows, regulatory ghosts, or stock spillovers (S&P up 0.11% Thursday, but Nasdaq dipped). 23 DYOR, size small, and HODL through the noise – queens don’t fold at fear levels.

Throne Room Takeaway: Position for the Flip

Bitcoin’s $90K slip is a gut punch, but with inflation hope, Fed bets, and whale buys, this could be the Santa setup for Q4 glory. At WallStreet Queen Official, we’re stacking sats on weakness – $100K+ by New Year’s? Bet on it. What’s your move: HODL BTC, flip alts, or cash to sidelines? Sound off below!

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