BTC rose by 6% during Bitcoin 2024 with the presence of Trump.
This year, it has disappointingly sunk by 4% during Bitcoin 2025.
I have come to the conclusion that BTC will make one final attempt to reach 108k and then failing to keep up with the momentum, plummet towards 93k.
Institutional participation has been spectacular this year as shown with all the huge amounts of purchases, but something crucial to a continuation of momentum has been lacking thus far: retail investors. Without their participation, it's impossible to reach to the moon.
So much BTC has been purchased in whopping amounts, but BTC has only appreciated 3k from the previous ATH of 108k. It needs to go lower first before the actual lift-off can become possible.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.