Bitcoin Update 16 December 2025
Extreme FUD
Bitcoin breaks the short-term support channel at 88k and plunges. Ditto Eth. Price action is very weak. We should definitely see 80k, where we have a small bid, and probably 74k soon after.
Market is in “Extreme Fear” according to the gauge and has been for some time. According to the 4 year cycle theory we should be going down to $30k over the next year. We’re not even in 2026 yet!!
Anyone that thinks 30k is not possible should get out now.
However if the maturity of the market suggests diminishing returns at highs then less steep sell-offs should occur. If you’re a believer then 75k, 56k and 30k are the value points.