How much can BTC decrease

Predictions about Bitcoin (BTC) prices in the near future are quite varied. Currently, after the price reached 99,655 USD on November 23rd, the market has seen a correction, with BTC dropping to around 94,000 USD and at one point lower than 93,000 USD on the morning of November 26th. Analysts believe that this correction may be due to profit-taking sentiment from individual investors after BTC approached the 100,000 USD mark.

Many experts, such as the asset team at Fundstrat Global Advisors, remain optimistic that BTC could reach 126,000 USD by 2024. Conversely, some predictions suggest that the price of Bitcoin could drop to between 25,000 USD and 75,000 USD in 2024, depending on market factors and regulations. Therefore, in the current context, the likelihood of Bitcoin experiencing significant volatility before and after the 100,000 USD mark is very high, with many investors being cautious.

In the near future, the price of BTC may continue to face correction pressure, but there is also a strong possibility of a robust recovery depending on the development of Bitcoin ETF funds and the political situation in the US.