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Bitcoin Maintains Structure Despite Monthly Candlestick Challenge

Key Points:
  • BTC’s structure remains intact despite monthly candlestick issues.
  • Trading steadily near $91,000 entering December.
  • Historically, December often sees Bitcoin price gains.

Bitcoin’s latest monthly candle, despite its underwhelming appearance, maintains its overall bullish trend as December 2025 approaches with BTC stable above $91,000.

Experts eyeing the $80K level warn bulls, as past retests spurred volatility, yet optimism persists with projections of $250K by 2025.

Bitcoin’s Current Monthly Candle

Bitcoin’s current monthly candle faces scrutiny, yet its broader technical structure endures. As December begins, the final month of the year holds potential surprises. Former BitMEX CEO Arthur Hayes indicates an $80K retest is undesirable for bulls. Bitcoin’s value remains above $91,000, indicating market resilience.

Cryptocurrency Market Unfazed

The cryptocurrency market, while encountering a challenging wave, remains unfazed, maintaining stability. The December trend often favors Bitcoin, potentially benefiting related assets. With the price maintaining its level, analysts predict future possibilities amidst historical precedence for holiday rallies. Arthur Hayes predicts eventual massive surges.

Market Environment and Future Predictions

Notably, no new regulations or significant institutional shifts impacted Bitcoin’s current trading environment, as observed from official sources. Foreseen market trends suggest possible advancements by 2025, with Arthur Hayes foreseeing a $250,000 mark by year-end. In Hayes’s words:

“Bitcoin price will hit $250,000 by year-end 2025, and the recent dip near $80,600 marks the bottom of this market cycle”

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