Bitcoin Price Prediction: BTC Holds $84,000 Support But ETF Flows Block Breakout
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Bitcoin is holding above the $84,000 support level but experiences ongoing pressure from $19.3 million ETF outflows, impacting spot demand. The price is currently around $87,400, constrained by weak spot flows and below key exponential moving averages, indicating a corrective market structure.
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- BTC continues to defend the $84,000–$85,000 demand zone despite ongoing ETF outflows.
- Price remains capped below the 20-day and 50-day EMAs, keeping the structure corrective.
- Corporate accumulation offers long-term support, but weak spot flows block breakout attempts.
Bitcoin price today trades near $87,400, holding above short-term support as buyers attempt to stabilize price inside a developing ascending base. The market remains caught between defensive spot flows and firm structural demand, keeping price compressed heading into the final trading session of 2025.
ETF Outflows Continue To Pressure Spot Demand
U.S. spot Bitcoin ETFs posted a $19.3 million net outflow on December 29, extending a run of cautious institutional positioning. Total value traded stood at $2.27 billion, reflecting steady activity but limited convic…
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$ 64.20K
-0.45%
$ 0.00182
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In This News
Coins
$ 64.20K
-0.45%$ 0.00182
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