Bitcoin is trading near $85,000 as investors anticipate the Federal Reserve's upcoming policy decision, which could influence the cryptocurrency's trajectory. With the Fed's December 2025 meeting approaching, market participants are speculating on a potential rate cut to 3.75%-4%, driven by weak labor data and the possibility of ending quantitative tightening. This has increased expectations for a dovish shift, which could boost Bitcoin's appeal as a risk asset. Currently, Bitcoin is fluctuating between $80,500 and $88,000, with $85,000 acting as a critical support level. Analysts suggest that a move above this level could target $93,000, although market confidence remains mixed. The interplay between Federal Reserve policy decisions and Bitcoin's technical levels will be pivotal in shaping its market direction in December.