Bitcoin Hits 171 Red Days – A Calm Before the Storm of 2026?

The thrilling saga of Bitcoin in 2025? Well, let’s just say it’s less ‘edge-of-your-seat’ and more ‘meh.’ But hey, there’s just enough drama to prevent the market from switching channels.

This year seems stuck in neutral, with volatility creeping up like an unexpected guest at the party, while sentiment remains trapped in a deep state of fear. But don’t let that fool you-institutions now hold over a million BTC, forming a sturdy safety net that might just keep things from crashing. Talk about an awkward plot twist.

Who says you can’t make excitement out of sideways action?

A Market Stuck in Neutral

Bitcoin has already racked up 171 red days in 2025, surpassing the long-term average of 170 days. As Joao Wedson, CEO of Alphractal, quipped on X, years that hit this depressing threshold usually just glide into December like a slug on a rainy day.

The numbers don’t lie. If we’re being honest, the real fireworks might not arrive until 2026, but that’s practically knocking on the door now.

Still, don’t go to sleep just yet. There’s some action brewing in the background.

Bitcoin’s 30-Day Volatility has leapt to 0.024, breaking through the upper band of its 1-year range for the first time since early 2024. Analysts are practically salivating at the idea of a true volatility explosion after months of nothingness. 🎉

Protected from Its Worst Fears

Now, let’s get to the juicy part: drawdowns. Or, more specifically, Bitcoin’s remarkably ‘gentle’ yearly drawdown of 25.3%. A far cry from the 70% or 80% drops we’ve seen in previous bloodbaths.

Why? Well, public companies are now sitting on 1,059,453 BTC, with Strategy alone holding a meaty 650,000 BTC. That’s a lot of Bitcoin. Talk about a corporate cushion.

This level of institutional ownership acts like a nice, cozy liquidity floor. It’s getting harder to trigger those nasty deep drops when corporate balance sheets are stacked with more Bitcoin than most exchanges. Not even a market panic attack would be able to push us into the abyss.

So even if fear mounts, Bitcoin’s downside isn’t exactly behaving the way it used to. It’s like trying to get a cat to take a bath.

Fear, But With a Floor

Here comes the final plot twist: the Fear and Greed Index. For the past five weeks, it’s been trapped in the ‘fear’ zone with a score of 21. This reminds us of the eight-week fear stretch in Q1 2025, which was, shockingly, followed by a rally.

Even though the price has been floating around the $84K-$90K range, there’s been no full-on panic. At least, not until the “extreme fear” readings from November 22. No one’s throwing a tantrum just yet. 🥳

The market may be anxious, but it’s far from hopeless.

Despite the choppy waters, institutional players aren’t fleeing just yet. Bitcoin ETFs are showing weak inflows, with net daily flows sitting at a paltry $54.8 million. Not exactly the peak of enthusiasm.

On the other hand, pressure is mounting on big shots like MicroStrategy and BlackRock, while heavyweights like the National Bank of Canada are upping their Bitcoin exposure with a tidy 1.47 million MSTR shares.

Final Thoughts

  • Bitcoin’s 2025 may seem like a snooze fest, but trust us, the fireworks are coming soon enough.
  • With over 1 million BTC locked up by public companies, the real drama will unfold between suppressed sentiment and the mountain of structural support.

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2025-12-07 12:28