Key Insights:
- Bitcoin price prediction from top analysts indicate a bear market is in play.
- Spot Bitcoin ETF saw $161 million in net outflows, sparking concerns.
- BTC price to remain under selling pressure, as per top analysts.
Bitcoin price prediction by top analysts indicates a bearish outlook for BTC price. Outflows from spot Bitcoin ETFs signal negative sentiment.
These ongoing outflows suggest that institutional confidence is dropping, which matches Bitcoin’s continued price weakness.
Here’s what top analysts 10x Research, Matrixport, and Caleb Franzen expect in the coming days.
Bitcoin Price Prediction by 10x Research as BOJ Hikes Rates
Bitcoin extended its recent slide, falling below its 7-day and 30-day moving averages. This technical setup points to a bearish outlook for BTC price, as per 10x Research.
Over the past week, Bitcoin has lost 7.5% of its value, as traders cite macro and regulatory headwinds.
The latest downturn was triggered by the U.S. Senate’s inability to pass a bipartisan agreement on the long-anticipated CLARITY Act before the year’s end.
The delay means that crucial crypto regulatory reforms are now postponed until at least 2026, prolonging uncertainty for market participants.
Adding to the pressure, the Bank of Japan (BOJ) raised interest rates by 25 bps. This was the second rate hike this year.
This comes as Japanese government bond yields register a sharp uptick, undermining global liquidity. The move threatens the viability of the popular yen carry trade.
Institutions such as hedge funds use this strategy to finance leveraged positions in crypto. As the yield differential narrows, investors unwind riskier bets, increasing volatility across the crypto market.
10x Research said their near-term stance remains bearish. However, the coming year will present a buying opportunity, with more upside in late 2026, 2027, and 2028.
Bitcoin Price Cycle Remains Intact: Martixport
Bitcoin price action is consistent with the prior 4-year cycle. The current selling pressure and spot Bitcoin ETF outflows suggest BTC price is in a correction phase.
According to Farside Investors data, spot Bitcoin ETFs saw $161 million in net outflows. BlackRock’s IBIT only saw inflows of $32.8 million.
Fidelity’s FBTC and Bitwise’s BITB recorded $170.3 million and $11.5 million in outflows. Ark 21Shares recorded $12.3 million in outflows.
Matrixport questions the assumption of a different 5-year cycle. It added that technical and macro levels indicate the traditional three-year bull-up, one-year-down pattern remains intact.
“We remain vigilant for signs that the prevailing narrative may break down and that Bitcoin could revert to its historical cycle behavior,” it added.
Matrixport analysts accurately predicted the BTC cycle peak near $125,000 in their Bitcoin price prediction.
Bitcoin Price in Early Stages of a Bear Market
Analyst Caleb Franzen claimed Bitcoin is in an early bear market, with sustained downtrends of lower lows and lower highs.
Franzen points to the 2022 bear market, where Bitcoin price saw rallies of 27% to 45%, followed by new lows. He warned that history showed similar ‘bull run’ narratives were overhyped and repeatedly crashed.
The expert believes if a rally comes, investors may run to the mid or high $90K levels. However, he also predicts of a potential rejection on certain moving averages.
“Maybe I’ll be wrong and we don’t get rejected on those EMAs. If we don’t, then I’ll gradually become bullish. I just need to see the evidence first.”
ETF outflows and bearish Bitcoin price predictions by experts have heightened the risk of a further crash.
At the time of writing, BTC price was trading at $87,989. The 24-hour low and high were $84,436 and $89,339, respectively.
Source: https://www.thecoinrepublic.com/2025/12/20/bitcoin-price-prediction-by-top-analysts-as-spot-btc-etf-outflow-sparks-concerns/


