Technical Analysis

VanEck's mid-December on-chain study indicates long-term Bitcoin holders are transferring coins to newer participants. On Dec. 23, Daan Crypto Trades noted BTC traded near $87,545 while its 4H 200 EMA was around $91,102 and the 4H 200 MA near $89,201, keeping price below both gauges.

In December 2025, gold and silver extended gains while Bitcoin traded sideways, underscoring a split between haven demand and risk exposure. On-chain and activity metrics indicate softer participation, and Bitcoin is tracking its weakest fourth quarter since 2018, down nearly 22%, with prices near the 85,000–90,000 dollar range and fair value estimates around 88,000 dollars.

According to CyrilXBT in an X post this Monday, Bitcoin is nearing a key inflection, with $84,000–$88,000 acting as short‑term support and $100,000 marked as the decisive level. The analyst expects a gradual move toward $92,000–$95,000 if support holds, while a break below $84,000 could expose $76,000–$72,000; BTC was last above $87,000.

On December 23, 2025, BNB traded near $851 after briefly dropping under $850, extending an 11% pullback from a December high above $920. The Binance ecosystem token has seen derivatives open interest drop from over $2.97 billion in October to $1.28 billion, while daily BNB Chain transactions have fallen nearly 47% from October peaks. Technical indicators such as MACD and RSI point to short‑term bearish control, with key support zones around $825 and potential downside targets at $738 and $647 if selling deepens.

VanEck's mid-December ChainCheck report argues that falling Bitcoin network hashrate often precedes stronger performance. The firm notes hashrate slipped about 4% in the month before December 15 and, since 2014, 90‑day returns were positive roughly 65% of the time during contractions versus 54% during expansions, framing miner stress as a contrarian tailwind.

On December 23 2025, Santiment reported that XRP's social media sentiment fell to one of its most negative readings in two months as the token traded more than 30% below recent highs. The article adds that a similar fear spike on November 21 was followed by a roughly 22% three-day rebound, while price recently slipped under $1.93.

According to CoinShares, ETH-linked products saw $555 million in outflows last week, even as exchange balances fell to their lowest since 2016. Binance and CryptoQuant indicators show Ethereum trailing Bitcoin in liquidity and risk appetite, while TradingView signals point to rangebound action near 3,000 dollars with resistance around 3,300 dollars.

As 2025 nears its end, Bitcoin is trading below a long-standing bull market channel after six weeks of failed attempts to reclaim it and is now consolidating under key resistance. Analysts are split between scenarios that include a possible move down toward $60,000 or a renewed push toward the $100,000–$105,000 area, while spot price hovers near $87,100 amid a weak fourth quarter.

Axel Adler Jr. reports the composite sentiment index fell to 40%, flagging risk-off conditions as Bitcoin trades near $87,400 under all short-term holder realized price bands. Nearby hurdles sit at $90,300 and then a cluster at $100,400–$101,800, while the broader realized price support stands at $56,300.

Gold set a new peak above $4,420 per ounce on December 22, 2025, reviving comparisons with Bitcoin as BTC hovered near $88,000. Analyst Darkfost's 180-day moving-average work finds no consistent gold-to-Bitcoin rotation, while reports of Kazakhstan weighing up to $300 million for BTC/crypto and a Peter Schiff poll (62.4% for Bitcoin) highlight evolving preferences.