Bitcoin Price News: BTC ETFs Shed $1.1 Billion During 6-Day Streak of Net Outflows

Author: Alejandro Arrieche

Updated: December 29, 2025

Key Points

• Bitcoin ETFs have seen net outflows totaling $1.1 billion, indicating a bearish sentiment in the market.
• Bitcoin's price has retreated by 2.4% over the past week, struggling to maintain levels above $90,000.
• Current trading range for Bitcoin is between $84,000 and $94,000, with these levels being crucial for future movements.

Market Overview

Bitcoin (BTC) has faced a challenging week, with a notable 2.4% decline as it failed to break above the $90,000 mark. This downturn is reflected in the significant withdrawals from Bitcoin exchange-traded funds (ETFs), which have experienced a total of $1.1 billion in net outflows over the last six days. This trend highlights a prevailing bearish sentiment among investors.

Investor Sentiment

Despite the outflows, there are signs of a slight improvement in market sentiment. The Fear and Greed Index has risen from a record low of 11 to 29, suggesting that while investors remain cautious, there is a shift towards a more neutral outlook.

Technical Analysis

Bitcoin's price action has recently broken below the 50-week exponential moving average (EMA), a critical technical indicator. Historically, such breakouts have led to significant price declines, with the last occurrence resulting in a 62% drop over nine months. If this pattern repeats, Bitcoin could potentially fall to $36,000 by August 2026, especially if it breaks below the $78,000 support level.

Current Trading Range

Currently, Bitcoin is consolidating within a range of $84,000 to $94,000. The $84,000 level is particularly important as a support point; a drop below this could trigger further declines towards $78,000. Conversely, a successful retest of the $100,000 mark could indicate a potential reversal in the bearish trend.

Conclusion

As Bitcoin navigates through this turbulent period, traders should closely monitor the key support and resistance levels. The ongoing bearish sentiment, coupled with the recent technical breakdown, suggests that caution is warranted in the current market environment.