Cryptocurrencies Price Prediction: Bitcoin, Chainlink & Crypto – European Wrap 23 December
|Bitcoin Price Forecast: BTC retreats as $90,000 rejection, ETF outflows weigh on sentiment
Bitcoin (BTC) continues to trade under pressure, slipping below $87,500 at the time of writing on Tuesday after failing to reclaim a key psychological level. Institutional demand continues to weaken, as spot Bitcoin Exchange Traded Funds (ETFs) recorded an outflow of over $142 million on Monday. At the same time, Strategy’s (MSTR) growing cash pile suggests a more defensive stance. Regulatory developments, such as Ghana’s move to legalize cryptocurrency, add a longer-term structural positive for the largest cryptocurrency by market capitalization.
Chainlink risks further losses in early 2026 despite the ecosystem growth
Chainlink (LINK) is down 2% at press time on Tuesday, adding to a nearly 5% decline in December so far. The oracle token risks a negative close for the fourth straight month, potentially signaling a bearish start to 2026.
Crypto Today: Bitcoin, Ethereum, XRP decline as risk-off sentiment escalates
Bitcoin (BTC) remains under pressure, trading above the $87,000 support at the time of writing on Tuesday. Selling pressure has continued to weigh on the broader cryptocurrency market since Monday, triggering declines across altcoins, including Ethereum (ETH) and Ripple (XRP).
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