Bitcoin balances between institutional moves and market fluctuations — here’s the latest news:

Bitcoin Reserve launched in Texas (December 7, 2025) — the first US state to officially include BTC in its strategic reserves.
K33 December outlook: recovery (December 7, 2025) — analysts note decreased selling pressure and support from macroeconomics.
BTC fell below support at $90 000 (December 7, 2025) — technical breakdown triggered liquidations amid ETF outflows.

Details

1. Bitcoin Reserve launched in Texas (December 7, 2025)

Overview: Texas has enacted Senate Bill 21, establishing a state Bitcoin reserve and providing for BTC purchases as part of the state's financial strategy. This aligns with regulatory changes initiated during the Trump administration that support crypto infrastructure development. Texas sets an example for other states. Additionally, Monet Bank, associated with Trump’s policies, has pivoted to a crypto-oriented model, indicating closer integration of politics and finance.
What it means: Bitcoin is officially recognized as a reserve asset, confirming its role in public finance. This could encourage other states to take similar steps and increase long-term demand, though risks remain regarding custody and volatility management. (Yahoo Finance)

2. K33 December outlook: recovery (December 7, 2025)

Overview: Research firm K33 Research forecasts a high probability of BTC growth in December, based on low leverage levels, support in the $70 000–$80 000 range, and seasonal trends. Analysts attribute recent weakness to ETF outflows and reduced CME activity, but consider these factors temporary.
What it means: If ETF inflows stabilize and the macro situation improves (e.g., with Fed liquidity tools), BTC may rebound above $90 000. However, prolonged ETF outflows or new regulatory restrictions could delay recovery. (CoinMarketCap)

3. BTC fell below support at $90 000 (December 7, 2025)

Overview: Bitcoin dropped to $89 977, breaking the key psychological level of $90 000 due to ETF outflows, profit taking, and triggered stop-losses. BTC exchange balances rose 16% in a day, indicating panic among retail investors.
What it means: If the price stays below $90 000 for long, support in the $85 000–$88 000 range may be tested. However, accumulation by large players (increased exchange outflows) could signal a potential reversal as sentiment shifts. (CoinMarketCap)

Conclusion

The story of Bitcoin fluctuates between institutional adoption in Texas and volatility driven by retail investors. Closely monitor ETF flow changes and Fed decisions — can macro factors offset short-term technical challenges?