Bitcoin price has fallen below $105,000 after reaching a record high of $108,365 on December 17. This short-term decline comes ahead of the US Federal Reserve’s interest rate announcement. The market is expecting a 25 basis point cut. As long-term investors position themselves for future gains, profit taking has fallen from $10 billion to $3 billion. While Coinbase premium is falling, demand from US investors is seen to be decreasing. This could indicate weakness in the medium-term upward momentum. We look forward to your comments: What do these developments mean for the future of BTC?