**Breaking News**
The US Department of Justice (DOJ) has officially sold the Bitcoins seized from Silk Road, worth up to $6.5 billion. This is a predictable move, and I was right about this possibility.
It is likely that the Biden administration will continue to sell the remaining Bitcoins until President-elect D.J. Trump's inauguration on January 20. If this happens, President Trump will face many challenges in fulfilling his promise to release his Bitcoin reserves.
2025 Market Predictions
I believe that the market will experience a turbulence in 2025. Some allied countries, such as Japan, are also waiting for the new administration to make a decision regarding adding Bitcoin to their national reserves.
With these developments, the possibility of Bitcoin falling to $60,000 is no longer an unfounded prediction. Macro and political factors will continue to have a strong impact on the market, and traders need to be extremely cautious in the coming period.
Be prepared for volatility and keep a close eye on the situation!
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