Bitcoin's Weekly Dip Explained ๐๐ก
$BTC dropped 10% this week, falling to $94,645 after peaking at $105,185. The decline followed Federal Reserve updates reducing 2025 rate cut projections, signaling a tougher environment for risk assets.
Key Insights:
๐ Fed Impact: New rate forecasts show a slower-than-expected decline, affecting Bitcoin's momentum.
๐ Pro-Crypto Leadership: Trump's crypto-friendly administration, including Paul Atkins (SEC) and Scott Bessent (Treasury), fuels long-term optimism.
Future Outlook:
๐ Analysts predict a rise to $180K-$200K by 2025, driven by adoption and institutional interest.
Despite the pullback, Bitcoin remains on an upward trajectory compared to last year.
