#Bitcoin 's Weekly Dip Explained
dropped 10% this week, falling to $92,928 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
#BTC Price Analysis#BinanceAlphaAlert