As of December 12, 2025, the BTC price is in a corrective trend, having fallen below the $90,000 mark on December 11, reporting $90,056.24, a cumulative drop of over 28% from the high of over $126,000 in October. Prior to this, on December 8, the spot BTC ETF recorded a net outflow of $60 million, and BlackRock's IBIT also experienced significant fund outflows last month, with weakened institutional buying becoming an important driver for the price correction.

In the next three months, the BTC price is likely to present a volatile consolidation trend, with potential for range fluctuations, significantly influenced by the capital situation and macro sentiment. Two core scenarios can be referenced:

1. Optimistic scenario: If the capital inflow into the spot ETF partially recovers, combined with the market digesting the current corrective sentiment, the price is expected to rebound. Based on institutional forecasts and technical analysis, if it stabilizes above the key point of $94,000, it is likely to approach the range of $100,000 - $105,000.

2. Pessimistic scenario: If corporate buying continues to decline, and the Federal Reserve sends stronger hawkish signals, it will further suppress market liquidity. BTC may test support levels, with institutions like Standard Chartered highlighting the risk of consolidation, the price may seek support in the range of $78,000 - $85,000.

However, it should be noted that BTC, as a highly volatile asset, may have its expectations disrupted by changes in regulatory policies, major security incidents, and other unforeseen factors, leading to high investment risks. $BTC