Bitcoin's price must increase by 6.24% to conclude 2025 positively, as the cryptocurrency currently trends downward. With only three days left in the year, analysts highlight the urgency for Bitcoin (BTC) to rise above approximately $93,374 to avoid marking the first post-halving year in the red.
Recent reports indicate that Bitcoin has dropped about 30% from its record high of over $125,000 achieved in October. This decline has raised concerns about a potential shift from a bull market to a bear market, especially after forming a local bottom around $80,000 in November. The current situation has left analysts divided on the likelihood of a market recovery.
Additionally, Bitcoin has been trading significantly below its 365-day moving average since November, breaking the upward trend established in 2023. Investors are closely monitoring the US Federal Reserve's stance on interest rates, as lower rates could benefit cryptocurrencies. Despite three rate cuts in 2025, uncertainty remains regarding future cuts, with only 18.8% of investors anticipating a reduction in January.