Dec 3, 2025
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Bitcoin Opens December 2025 at $87,323 Amid Market Scrutiny
Bitcoin opened December 2025 with a downward trend, attracting attention to its market structure. Here's a summary of the key points:
- Trader Daan Crypto Trades noted a pattern in 2025: Bitcoin often sets monthly highs or lows within the first 12 days, occurring roughly 80% of the time.
- December started with a sharp decline from the candle open, lacking an upper wick, which suggests potential for retesting recent moves.
- Bitcoin's price bottomed near $80,714 on November 21 and then rallied by approximately 15% before hitting resistance in the low-$93,000s, where it was rejected.
- A Fibonacci retracement shows a critical level around $83,381, indicating potential downside if not reclaimed.
- Historical data from Coinglass shows December has mixed returns, ranging from significant gains to deep losses, with an average return of +4.75% but a median of -3.22%.
- December's volatility is partly due to large holders rebalancing their portfolios and tax loss harvesting.
As of now, BTC trades at $87,323.
