Bitcoin fell after sellers capped gains near $92,500 and is trading under $91,000 and the 100-hour simple moving average. On the BTC/USD hourly chart, a contracting triangle marks support at $90,000 with $89,500 the next key level, according to Kraken data. A close above $92,000–$92,500 could open a move toward $93,500 to $94,500.

Bitcoin whipsawed from $89k to $87k and then to $91k within a single four-hour candle, putting the $90k threshold in focus. Analysts said $171 million in long positions and $71 million in shorts were liquidated in that window, with nearly $500 million erased over 24 hours. Open interest has fallen $30 billion from a $94 billion October peak, signaling deliberate de-risking.

On December 7, 2025, Michael Saylor signaled potential renewed Bitcoin accumulation by sharing a StrategyTracker chart indicating Strategy holds about 650,000 BTC worth nearly $58 billion at an average buy price of $74,436 across 88 purchases. BitcoinTreasuries.NET data show public companies collectively hold around 1,059,453 BTC, after ABTC added 363 BTC and Cango bought 130.6 BTC. Glassnode metrics shared via Bitcoin Archive indicate the Hash Ribbon has turned bearish again and Short-Term Holder NUPL has dropped below zero.

The Bitcoin Policy Institute is calling for 529 college savings plans to be allowed to hold Bitcoin as a way to confront rising tuition costs, inflation, and limited investment menus. Its modeling suggests that small 1–2% BTC allocations can enhance compound returns and Sharpe ratios without materially increasing risk, according to BPI. In Indiana, House Bill 1042 was filed on December 4 to require publicly managed retirement programs to offer Bitcoin-related investment options.

At the Bitcoin MENA event in Abu Dhabi, MicroStrategy executive chairman Michael Saylor presented a Bitcoin-backed banking framework built on overcollateralized reserves and tokenized credit. He said the model targets $50 trillion in deposits through regulated channels, offering high-yield, low-volatility accounts. The framework’s success would depend on regulatory approval and how effectively it can be implemented in practice.

At Binance Blockchain Week 2025 in Dubai, American economist and gold advocate Peter Schiff reiterated that Bitcoin lacks intrinsic value and cannot function as sound money, he said in an interview following his gold-versus-Bitcoin debate with Binance founder Changpeng Zhao. He said BTC’s price is driven purely by speculation and has lagged gold over the past four years. Schiff contrasted Bitcoin with gold’s enduring industrial and monetary uses and likened BTC to “cigarettes of money,” arguing it would be worthless if demand vanished.

Bitcoin traded back above $91,000 as the week began, with markets awaiting the Federal Reserve’s final rate decision of the year. An analyst flagged $84,000–$94,000 as a pivotal band and warned that longer-term averages still allow for a pullback toward about $50,100 if confidence fades.

Bitcoin rebounded above $92,000 on Monday after dropping below $84,600 last week. Technical signals remain soft, and ETF open interest shows rising put positioning. Analysts expect BTC to stabilise around $100,000 to $120,000 by late 2025, with scope for a second peak in 2026. Macro expectations, US policy shifts and increasing on-chain "liveliness" suggest long-term investors may be re-entering the market.