Cryptocurrency Market Overview December 4, 2025

Bitcoin peaked on August 14, 2025, ending the upward trend and entering a correction phase. The confirmed level of adjustment is the retracement of the rise since 15,476; this is on the weekly level +.

The correction is currently in the fourth stage:

First stage: from 124,553 down to 103,517 on October 17, 2025, this is considered the first stage of the retracement, labeled as wave W;

Second stage: rebound from 103,517 to 116,410, considered wave X;