Here's what history and recent analysis suggest about Bitcoin and December:

​Volatility is Normal: Bitcoin is known for its high volatility, and significant price swings (both up and down) are common. The term "hard moment" could describe a sharp drop or a difficult period for investors.

​December Trends are Mixed: Historically, December has been a coin toss for Bitcoin's price.

​While there have been some massive "Santa rally" years (like 2016, 2017, and 2020), which pull the average return up, the median performance for the month is often slightly negative.

​Overall, Bitcoin has finished December in the red more often than in the green since 2013.

​Recent Context (Based on the search results for the present day, December 5, 2025):

​The market has been experiencing wide swings recently, with significant drops and rebounds in the months leading up to December.

​Some analysts suggest that if November closed negatively (which it often has), the seasonality data points towards December potentially being another down month rather than a rally.

​Price pullbacks of 25-40% are considered relatively normal within Bitcoin's multi-year cycles.