Bitcoin’s Q4 2025 slump deepens as analysts debate odds of a post-Christmas BTC rally
In Q4 2025, Bitcoin has fallen 22.8%, putting it on pace for its second-weakest fourth-quarter result in history and leaving the price consolidating above $85k. Derivatives desks and options analysts expect heightened volatility around the 26 December expiry, with some still eyeing a possible breakout from the current $85k–$90k range. On-chain data platforms warn that demand growth has slowed since early October, raising the risk of a deeper bear phase even if a short-term bounce emerges.