Another great piece by Tom Cohen, our head of trading and Investment.
The Bitcoin price (BTC/USD), in November, found support at around the 0.786 Fibonacci Retracement level, ending a 45-day slump that began in early October. Bitcoin fell from its current all-time high of about $126,198 on October 6 to trade at about $80,391 on November 21, before bouncing back to the current level of $95,236.
The final quarter of 2025 saw the crypto market shed most of the gains it made in the previous two quarters amid a slowdown in digital asset treasuries (DATs) activity and a net-negative in the overall institutional buying activity.
Starting in the second half of 2025, Bitcoin enjoyed one of its biggest rallies in recent years, ascending from its April 2025 lows of about $75,000 to set the current all-time highs above $126,000 in October. Most of this rally was driven by rising institutional adoption, with more mainstream companies targeting DATs to diversify their balance.

For the full story click on the link below