#BTCNextMove

Bitcoin Price Drops 14% - The US Federal Reserve’s decision to have two rate cuts in 2025 as opposed to the expected four is the main driver of Bitcoin price’s recent collapse. On December 17, BTC’s value set up an ATH of $108,353, but closed the daily candlestick with a doji. A doji is a candlestick pattern with negligible or no body and long wick. Such technical formation often hints at trend exhaustion. Since ATH, Bitcoin has shed 14% and seems to be setting up a daily low of $92,232 as of Friday.