“Bitcoin on vacation: a pause before new peaks? 🚀”

BTC has slowed down a bit in recent days and is now hanging around $94,500. Yes, that’s $14,000 below its record peak on December 17

Technical experts say Bitcoin is “hugging” its 50-day moving average. 🤓🫡🙄

Why is Bitcoin taking a break?

Well, economics and politics are involved. 📉 A slower decline in interest rates is expected in 2025, and investors have cooled off a bit in their excitement. Plus, Trump, who is back in power, said he wants fewer restrictions for crypto and even a national Bitcoin reserve!

Who else is in the game?

👉 MicroStrategy, for example, is on the wave! They recently bought $561 million worth of bitcoins — what a shopping spree! 🛒 This is their seventh “crypto run” in a row.

👉 And Senator Bernie Moreno, a big fan of cryptocurrencies, got into the banking committee. He seems to want to organize a crypto festival in Washington. 🎉

📌In a word, for now 👋 we are maturing and waiting for the next “banana zone”