Bitcoin Erases 2025 Gains: Is $83,500 the Next Stop or $120K Recovery?

24K-Production / Shutterstock.com Bitcoin (CRYPTO: BTC) has given back everything it gained in 2025. The rally started in early January and peaked at $126,000 on October 6, but the Bitcoin price erased all those gains over the past six weeks. ETF flows reversed, miners sold into weakness, and macro conditions turned against risk assets. BTC briefly touched $81,000 in mid-November before stabilizing in the low $90,000s. The market is now caught between opposing forces. Long-term holders and institutions k ...