Why The Bitcoin ‘Santa Rally’ Could Begin With A Flush To $80,000
Posted On December 16, 2025
Bitcoin (CRYPTO: BTC) has broken below the psychological $90,000 level, marking a break from its consolidation range that signals increased pressure on leveraged positions.
What Happened: In a recent podcast, prominent analyst Trader Mayne described the breakdown from the triangle apex as a decisive short-term development.
While the broader “Santa Rally” narrative remains intact on higher timeframes, he warned that the near-term path is likely to involve further downside as leverage is flushed out.
According to Mayne, the market is actively punishing excessive risk-taking.
The break to $87,000 …