Bitcoin's price reached $86,800 as 2025 draws to a close, reflecting a year of significant volatility. Historically, the holiday season has seen major price swings, including the 2013 peak at $1,100 and the 2014 Mt. Gox crash. The year 2020 marked a pivotal moment with increased institutional adoption. As Bitcoin surpassed six figures earlier in 2025, traders are now closely monitoring altcoins for potential movements in the coming year. The mixed signals for 2026 suggest a cautious outlook as the market continues to evolve.