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Bitcoin is on track to end 2025 in negative territory unless prices stage a late recovery.
Analysts say BTC must rise by roughly 6.24% to finish the year higher.
The threshold is based on Bitcoin’s yearly open near $93,374.
Market commentator Puckrin said the window for recovery is rapidly closing.
Three days for Bitcoin to recover and close up on the year.
Puckrin said.
If not, this will be the first post-halving year we close in the red.
Puckrin added.
Bitcoin surged to an all-time high above $125,000 in October.
The rally stalled days later after a sharp and historic market crash.
Since the peak, Bitcoin has fallen roughly 30%.
Prices found a local bottom near $80,000 in NovemberThe decline has sparked debate over whether the bull market has ended.
Some analysts argue the pullback is a normal consolidation phase.
Others warn the downturn could extend into 2026.
Attention has shifted toward macroeconomic conditions and liquidity trends.
Bitcoin has traded below its 365-day moving average since November.
The break marked a loss of the structural uptrend that began in 2023.