{"id":1949,"date":"2025-12-22T09:30:32","date_gmt":"2025-12-22T14:30:32","guid":{"rendered":"https:\/\/www.decentralnetwork.org\/news\/?p=1949"},"modified":"2025-12-22T09:30:36","modified_gmt":"2025-12-22T14:30:36","slug":"bitcoin-price-stuck-near-89k-as-etf-outflows-hit-500mbitcoin","status":"publish","type":"post","link":"https:\/\/www.decentralnetwork.org\/news\/bitcoin-price-stuck-near-89k-as-etf-outflows-hit-500mbitcoin\/","title":{"rendered":"Bitcoin Price Stuck Near $89K as ETF Outflows Hit $500M"},"content":{"rendered":"\n<figure class=\"gb-block-image gb-block-image-d3510fbc\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"628\" class=\"gb-image gb-image-d3510fbc\" src=\"https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-22T195821.712.webp\" alt=\"Bitcoin Price Stuck Near $89K as ETF Outflows Hit $500M\" title=\"Untitled design - 2025-12-22T195821.712\" srcset=\"https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-22T195821.712.webp 1200w, https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-22T195821.712-300x157.webp 300w, https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-22T195821.712-768x402.webp 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin struggled to gain momentum this week, hovering around the $89,000 level as investor interest in spot Bitcoin exchange-traded funds (ETFs) continued to cool. Despite brief recovery attempts, the world\u2019s largest cryptocurrency remains under pressure, weighed down by heavy ETF outflows, cautious market sentiment, and growing technical weakness on the price charts.<\/h2>\n\n\n\n<p>According to data from SoSoValue, the 12 U.S.-listed spot Bitcoin ETFs saw combined net outflows of <strong>$497.05 million<\/strong> over the past week, between <strong>Dec. 15 and Dec. 19<\/strong>. This marked one of the largest weekly outflow figures in recent months and highlights a clear slowdown in institutional participation.<\/p>\n\n\n\n<p>BlackRock\u2019s <strong><a href=\"https:\/\/www.ishares.com\/us\/products\/333011\/ishares-bitcoin-trust-etf\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.ishares.com\/us\/products\/333011\/ishares-bitcoin-trust-etf\" rel=\"noreferrer noopener\">IBIT<\/a><\/strong> led the decline, recording <strong>$240.3 million<\/strong> in withdrawals. It was followed by <strong>Bitwise\u2019s BITB<\/strong>, which saw <strong>$115.1 million<\/strong> flow out, and <strong>ARK 21Shares\u2019 ARKB<\/strong>, which lost <strong>$100.7 million<\/strong>. Additional pressure came from <strong>VanEck\u2019s HODL<\/strong> and <strong>Grayscale\u2019s GBTC and BTC funds<\/strong>, which together posted <strong>$74.1 million<\/strong> in net outflows.<\/p>\n\n\n\n<p>Not all funds followed the trend, however. <strong>Fidelity\u2019s FBTC<\/strong> managed to attract <strong>$33.1 million<\/strong> in inflows during the same period, standing out as the only major ETF to see fresh capital.<\/p>\n\n\n\n<p>The broader picture shows a sustained decline in ETF demand. Over the past month, spot Bitcoin ETFs have recorded roughly <strong>$3.5 billion in net outflows<\/strong>, a sharp reversal from October, when these funds pulled in nearly <strong>$7 billion<\/strong> as Bitcoin surged to a new all-time high.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Bitcoin price action remains fragile<\/strong><\/h3>\n\n\n\n<p>Bitcoin\u2019s price has reflected this weakening demand. The asset dropped nearly <strong>6%<\/strong>, falling from around <strong>$90,000<\/strong> to a weekly low of <strong>$84,580<\/strong> on Friday. While BTC rebounded to about <strong>$89,800<\/strong> earlier on <strong>Dec. 22<\/strong>, sellers quickly regained control, pushing prices back to roughly <strong>$89,100<\/strong> at the time of writing. Overall, Bitcoin was up just <strong>1%<\/strong> over the past 24 hours.<\/p>\n\n\n\n<p>Market activity has also been muted due to <strong>thin holiday liquidity<\/strong>, with many traders staying on the sidelines. Adding to the uncertainty are upcoming <strong>U.S. macroeconomic releases<\/strong>, including GDP data and jobless claims figures scheduled for <strong>Thursday, Dec. 25<\/strong>, which could influence risk appetite across markets.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Bearish patterns raise caution<\/strong><\/h3>\n\n\n\n<p>From a technical perspective, Bitcoin\u2019s daily chart is flashing multiple bearish signals. Since late October, BTC has been forming a <strong>bearish flag pattern<\/strong>, a structure that often signals further downside. The price is now hovering close to the lower boundary of this pattern, increasing the risk of a breakdown.<\/p>\n\n\n\n<p>A confirmed move below this level could also validate a breakdown from a larger <strong>inverse cup and handle pattern<\/strong>, which has historically preceded deeper corrections.<\/p>\n\n\n\n<p>Traders are currently watching <strong>$85,220<\/strong> as a critical support zone. This level has previously acted as a strong floor where buyers stepped in. A decisive break below it could open the door to a decline toward the <strong>$80,000 psychological support<\/strong>.<\/p>\n\n\n\n<p>On the upside, bulls face strong resistance near <strong>$91,415<\/strong>, which aligns with the <strong>23.6% Fibonacci retracement level<\/strong> measured from Bitcoin\u2019s October peak to its November drop. A breakout above this level would be needed to shift sentiment and signal a more meaningful recovery.<\/p>\n\n\n\n<p>For now, Bitcoin remains range-bound, with ETF flows, macro data, and technical signals likely to determine its next major move.<\/p>\n\n\n\n<p>Also Read:<a href=\"https:\/\/www.decentralnetwork.org\/news\/vitalik-buterin\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u00a0<\/a> <a href=\"https:\/\/www.decentralnetwork.org\/news\/address-poisoning-scam\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.decentralnetwork.org\/news\/address-poisoning-scam\/\" rel=\"noreferrer noopener\">$50M USDT Vanishes in Address Poisoning Scam in Under an Hour<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin struggled to gain momentum this week, hovering around the $89,000 level as investor interest in spot Bitcoin exchange-traded funds &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Bitcoin Price Stuck Near $89K as ETF Outflows Hit $500M\" class=\"read-more button\" href=\"https:\/\/www.decentralnetwork.org\/news\/bitcoin-price-stuck-near-89k-as-etf-outflows-hit-500mbitcoin\/#more-1949\" aria-label=\"Read more about Bitcoin Price Stuck Near $89K as ETF Outflows Hit $500M\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1950,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9],"tags":[2379,2376,2381,2375,2382,912,2383,2380,2378,2377],"class_list":["post-1949","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-bitcoin-bearish-flag-pattern-analysis","tag-bitcoin-etf-outflows-impact-btc-price","tag-bitcoin-market-outlook-december-2025","tag-bitcoin-price-stalls-at-89000","tag-bitcoin-price-support-and-resistance-levels","tag-bitcoin-technical-analysis-bearish-trend","tag-btc-price-prediction-amid-etf-outflows","tag-institutional-demand-for-bitcoin-etfs","tag-spot-bitcoin-etf-weekly-outflows-news","tag-why-bitcoin-price-is-struggling-today","resize-featured-image"],"jetpack_featured_media_url":"https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-22T195821.712.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/comments?post=1949"}],"version-history":[{"count":1,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1949\/revisions"}],"predecessor-version":[{"id":1951,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1949\/revisions\/1951"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/media\/1950"}],"wp:attachment":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/media?parent=1949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/categories?post=1949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/tags?post=1949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- This website is optimized by Airlift. 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