Bitcoin's price took a hit as it dipped below $94,000 on Dec. 23, with a 1.2% daily loss. After peaking at $99,500 over the weekend, BTC struggled to regain its footing, marking a 15% drop from last week's highs. Analysts like Bitcoindata21 and CrypNuevo anticipate further declines, eyeing $85,000 as a potential buy zone. Despite some optimism, new lows aren't off the table, with traders like Jelle drawing parallels to past price patterns. The macroeconomic outlook remains uncertain, especially with the Fed's hawkish stance and slim chances of rate cuts in 2025.