{"id":122489,"date":"2025-12-23T07:14:14","date_gmt":"2025-12-23T07:14:14","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=122489"},"modified":"2025-12-23T07:14:14","modified_gmt":"2025-12-23T07:14:14","slug":"crypto-market-news-today-december-23-bitcoin-is-bringing-christmas-spirit-to-crypto-looking-at-the-festive-weeks-through-the-years-and-what-to-expect","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=122489","title":{"rendered":"Crypto Market News Today, December 23: Bitcoin is Bringing Christmas Spirit to Crypto | Looking at the Festive Weeks Through the Years, and What to Expect"},"content":{"rendered":"

Not just today, Bitcoin is always in the news headlines as the crypto market is cruising into Christmas week. While price action has been frustrating for weeks, some bullish signs are finally starting to line up.<\/p>\n

A three-day bullish divergence between price and RSI has now been fully confirmed, a setup that previously flashed near the bottom. Although it\u2019s not always a guarantee, historically, the same setup has never shown up randomly, either.<\/p>\n

Another bullish catalyst is also shown in the Bitcoin crypto chart; it has just printed its fifth golden cross since October 2023.<\/p>\n\n

(source \u2013 Bitcoin Crypto Price, TradingView<\/strong><\/a>)<\/p>\n

These are old-school technical signals we should always respect, just because of how often they show up before a strong few months of upward moves. Most crypto news today is still telling you to be cautious, but from a structural standpoint, the market is improving.<\/p>\n

Is Santa Coming to Send Bitcoin and Crypto to the North Pole?<\/h2>\n

Bitcoin finishes the year in an unusual position. Price is still down by 6-7% year-to-date and remains about 30% below the October highs of $126,000. At the same time, US equities continue pushing toward record levels. This divergence is rare, even with the fact that crypto and Bitcoin don\u2019t always move in sync with traditional markets.<\/p>\n

ETF flows actually look ugly, too. November saw around $3.46 billion in Bitcoin ETF outflows, with IBIT accounting for more than $2 billion of that over several weeks. This panic selling after the October 10 flash crash is fueling this month\u2019s slump. From a technical view, Bitcoin has slipped back toward late-November levels near $80,000, while $73,797 remains the key weekly level to watch for us in crypto. Holding above it keeps the current range intact.<\/p>\n

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