Blockstream CEO Adam Back used a social media post to counter claims that a quantum computer could crack early Bitcoin wallets and crash the market. He argued Bitcoin's security relies on digital signatures using secp256k1 rather than data encryption, and judged a meaningful quantum threat unlikely for 20–40 years, while Vitalik Buterin and Anatoly Yakovenko warned of nearer-term risks.

According to recent on-chain and liquidity metrics, Bitcoin has traded for much of the past month without a clear trend and repeatedly failed to reclaim the $94k zone. Despite signs of accumulation and global M2 liquidity hitting record highs, demand indicators remain negative, holders face deep unrealized losses, and analysts suggest a move back above $100k would require large capital inflows that are not yet visible.

Bitcoin has hovered near $90,000 for 18 consecutive days, according to AMBCrypto, underscoring one of this year's longer tight consolidations. Alphractal flagged the Realized Cap Impulse at a historically important support, with key levels near $88,000 and $81,400, and $56,400 below. Onchain Mind noted open interest fell about 15%, while funding stayed above 0.0044% and the long/short ratio sat just over 1.02.

Macro specialists warn that Bitcoin could retreat toward the 70,000 dollar area if the Bank of Japan implements the widely expected interest rate hike on December 19, with past BOJ tightening cycles linked to sharp BTC pullbacks. Analysts point to global liquidity stress, unwinding yen carry trades and a current bear flag structure after the drop from 105,000–110,000 dollars as factors keeping Bitcoin's short-term outlook fragile.

On Dec. 13, trader AndrewBTC argued that a potential 25 basis point Bank of Japan rate hike could echo past decisions that preceded Bitcoin drawdowns of about 23%, 26% and nearly 31% in March 2024, July 2024 and January 2025. At the same time, market data shared by trader Ted Pillows showed clustered bids between $88,000 and $90,000 on major exchanges, with lighter selling interest until roughly $93,500. This split view left traders debating whether macro policy shifts will drive another downturn or if strong order book support can cushion price dips.

According to CryptoQuant, bitcoin's recent price rebound has coincided with a sharp decline in exchange deposits and softer selling pressure from large holders. After the Federal Reserve's latest FOMC meeting delivered a 25 basis points rate cut, BTC recovered from $80,000 to a monthly peak of $94,000 while whales and short-term traders realized multi-billion dollar losses.

On 14 December 2025, Twenty One Capital listed on the New York Stock Exchange, holding more than 43,500 BTC worth nearly $4 billion. Its shares nevertheless fell around 20% and traded close to the net value of its Bitcoin reserves, indicating that public markets now expect clear revenue models and cash-flow potential rather than just large BTC treasuries. The weak debut also aligned with broader skepticism toward SPAC structures and cooling sentiment in Bitcoin-linked equities after a pullback in BTC prices.

Into Sunday's weekly close, Bitcoin hovered around $90,000 after days in a narrow range, with traders looking for a decisive move as volatility sits at extreme lows. Possible paths include a dip toward 73.7K–76.5K or a break above 94.6K toward 100K, while some see potential downside extending to the $50K region.