Bitcoin price drops below $96,000 after $3.2 billion BTC was transferred to exchanges, signaling the possibility of a sell-off and upward price pressure. Nevertheless, analysts remain optimistic about recovery, with targets ranging from $110K this year to over $320K by 2025. 🤑

Federal Reserve Chairman Jerome Powell announced a 0.25% interest rate cut but expressed concerns that rising inflation could hinder further cuts in the future. He also emphasized that the Fed is not allowed to hold BTC, raising doubts about Trump's BTC reserve plan.

Despite the price drop, many experts still believe in BTC's growth potential, predicting that the price will exceed $100,000 in the near future. 🚀