CoinOtag
2025-12-18 23:11:57

Bitcoin Decline Hits $85K Amid Trendline Rejection, Exchange Outflows Signal Potential Recovery

Bitcoin's price has declined to around $85,000 in December 2025 after repeated rejections at its multi-month descending trendline. Despite weak short-term momentum, on-chain data from CryptoQuant shows sustained outflows from exchanges, indicating investors are accumulating for a potential long-term recovery amid current selling pressure. Bitcoin faces ongoing resistance at the descending trendline on the 12-hour [...]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.