Bitcoin falls below $84,000 and outflows surge; NFCI anticipates a rebound in December
Saturday, November 22, 2025
The decline of Bitcoin has accelerated in recent weeks, with the leading cryptocurrency surpassing several key support levels. On Friday, it fell to $80,000, its lowest level in months. Despite an attempt to bounce back to $84,000, the price remained under pressure, recording a 12% drop for the week and a 23% drop for the month. The fall below $84,000 also brought the price back to its 100-week exponential moving average, a level it hadn't reached since October 2023.
In brief
Bitcoin fell to $80,000 on Friday, its lowest level in several months, and struggled to rise back to $84,000.
Cryptocurrency funds recorded outflows of $2 billion during the week, including $1.4 billion from bitcoin and $689 million from ethereum.
According to analyst Miad Kasravi, the NFCI index anticipates improved liquidity and could indicate a significant move in bitcoin between early and mid-December.
Record sales and increased market pressure
New data published by The Kobeissi Letter on November 21 shows the magnitude of the current pullback. According to the newsletter, Bitcoin's drop on Friday triggered leveraged liquidations of over $1.5 billion in just four hours, revealing the rapid escalation of forced sales.
In another statement, The Kobeissi Letter emphasizes that investors are withdrawing capital from cryptocurrency products at an exceptional rate. Outflows reached $2 billion last week, the highest level since February. For three consecutive weeks, total withdrawals amount to $3.2 billion.
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