📉 #Bitcoin ’s Weekly Dip Explained


$BTC dropped 10% this week, falling to $94,645 after peaking at $105,185. The decline followed Federal Reserve updates reducing 2025 rate cut projections, signaling a tougher environment for risk assets.


💡 Key Insights:

*/ 🏛️ Fed Impact: New rate forecasts show a slower-than-expected decline, affecting Bitcoin’s momentum.

*/ 📈 Pro-Crypto Leadership: Trump’s crypto-friendly administration, including Paul Atkins (SEC) and Scott Bessent (Treasury), fuels long-term optimism.

*/ 🔮 Future Outlook: Analysts predict a rise to $180K$200K by 2025, driven by adoption and institutional interest.


Despite the pullback, Bitcoin remains on an upward trajectory compared to last year.


#BTC Price Analysis#

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December 23, 2024 at 9:27 AM
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