December Bitcoin Forecast Predicts Further Decline – History Suggests

Historical data reveals a concerning pattern: December typically follows a negative November for Bitcoin, highlighting recurring end-of-year volatility. Expert opinions on Bitcoin’s December outlook are divided. While economist Peter Schiff anticipates continued decline into December and possibly beyond, Arthur Hayes predicts stabilization above $80,000 even if it drops to revisit that support level. This mixed view showcases the ongoing debate about short-term market support levels and Bitcoin’s overall strength.