Bitcoin Update 3 December 2025

Nice bounce

Back to 91k as 2 months of FUD starts to subside. At 126k it seemed very different. “Price will never go below 100k again” was said so many times. So what’s changed?

Some whales decamped to Zcash which might be more private, amongst other advantages. However Bitcoin IS the brand. Today Bank of America’s many thousands of financial advisors can recommend Bitcoin for the first time, if they think it’s a good idea.

2 months ago we were in the exact month in the 4 year cycles where the top should appear. And it did. Will we see a substantial drawdown? A 75% drawdown would be around 30k. Yikes!

Some say it’s now a 5 year cycle, other say the cycle is irrelevant and with Bitcoin everybody has a different opinion.

We’re still going with the monthly trend and not trying to overthink it. Follow the trend until it’s not a trend anymore.