Bitcoin Price Forecast: BTC Eyes $80K As Oracle Revenue Spooks Bulls
Published: December 11, 2025
Author: Yashu Gola
Key Points
- Bitcoin (BTC) experienced a decline following a significant drop in Oracle shares, which fell 11% due to disappointing revenue results.
- This selloff has highlighted Bitcoin's increasing correlation with US tech stocks throughout 2025.
- A bearish technical pattern known as a rising wedge suggests a potential downside target for Bitcoin near $80,200.
Market Overview
Bitcoin's price fell after a bounce following the Federal Reserve's rate cut, influenced by a downturn in the US tech sector triggered by Oracle's earnings report. The disappointing results from Oracle, which showed revenue below expectations despite growth in its AI infrastructure business, negatively impacted other tech stocks, including Nvidia and AMD.
Technical Analysis
The recent price action of Bitcoin has confirmed a rising wedge pattern on the daily chart, which typically indicates a potential continuation to the downside. The price has slipped below the support trendline of this wedge, suggesting further declines may be imminent.
Price Targets
Historically, breakdowns from rising wedges have led to price targets that reflect the height of the wedge. In this case, the next potential target for Bitcoin is around $80,200. Additionally, a broader bear flag pattern is forming, indicating that Bitcoin may continue to face downward pressure, with potential targets in the mid-$70,000 range if the bear flag confirms a breakdown.
Market Sentiment
The market's reaction to Oracle's earnings underscores a growing sensitivity to the performance of AI-related companies, which have been pivotal in driving tech stock valuations higher over the past two years. As these stocks falter, it tends to lead to liquidity unwinding in correlated high-beta assets like Bitcoin.
Conclusion
With Bitcoin's current bearish technical indicators and its correlation with the tech sector, traders should remain cautious. The potential for further declines exists, particularly if the broader market sentiment continues to weaken.