What’s going on with Bitcoin (BTC) — December 4, 2025

Bitcoin’s roller-coaster: drop, rebound, and uncertainty

  • After hitting record highs (near $126,000) in October, Bitcoin sank — losing substantial value in November and early December. Northeastern Global News+2Forbes+2

  • In the first days of December, BTC dropped below $86,000 at one point. Forbes+2Bloomberg+2

  • But today there’s a rebound: Bitcoin managed to climb back above $93,000. Bloomberg+2Goodreturns+2

  • Still — many analysts see the market as fragile: weak demand for Bitcoin ETFs, long-time holders continuing to dump, and technical charts pointing to a possible further downswing. BeInCrypto+2Brave New Coin+2

In short: BTC remains volatile — capable of quick recoveries, but under pressure unless meaningful support appears.


🧠 What’s driving the moves — and what to watch now

• Macro & interest-rate vibes

Markets seem to be pricing in a possible interest-rate cut by the Federal Reserve, which generally boosts appetite for risk assets like Bitcoin. The Economic Times+2Forbes+2
But global financial uncertainty, tightening bond markets and risk-off sentiment elsewhere are still exerting downward pressure. CBS News+2ABC+2

• ETF flows, institutional sentiment & “whale” behavior

Outflows from BTC-related ETFs, along with continued selling by large holders (“whales”), have undermined momentum. BeInCrypto+2Investopedia+2
Until those dynamics shift — e.g. fresh institutional interest or long-term accumulation — the upside may remain capped. BeInCrypto+1

• Technical levels to watch: support vs resistance

According to recent analysis, December’s key zones are roughly $80,400 (support) and $97,100 (resistance / potential turning point). A decisive move beyond either could set the tone for the next leg. BeInCrypto+2Bloomberg+2
But until market confidence returns, many expect BTC could continue to swing — or even retest lower levels. Brave New Coin+1


🌐 What this means for broader crypto & investor sentiment

  • The rebound in BTC also lifted parts of the broader crypto market: some altcoins and digital-asset ETFs are seeing renewed interest today (though volatility remains high). Cryptonews+2Goodreturns+2

  • Still, with mixed macro signals and a shaky technical backdrop, many investors remain cautious — viewing any rally as an opportunity to take profits.

  • As of now, the mood seems to lean more “wait and see” than “all-in,” especially among institutional or large-volume investors.


🔮 Outlook — What to keep an eye on in the coming weeks

  • If BTC manages to stay above the $93,000–$95,000 range and regain ETF and institutional inflows — we might see a renewed push towards $100,000 or higher.

  • If selling pressure from whales continues, or macro/rate-driven risk aversion intensifies — a retest of support around $80,000 (or even lower) could be likely.

  • Broader events — central bank decisions, global macroeconomic data, regulatory moves — will likely dominate price action more than Bitcoin-specific news for now.


If you like — I can project 3 possible Bitcoin-price scenarios for December 2025 (bullish / bearish / neutral), with probabilities.