#BTC Bitcoin has recorded a significant decline in recent days, falling below the threshold of 106,000 USD, with an intraday low of 104,684 USD on May 30, 2025. This correction is the result of a combination of macroeconomic, geopolitical, and technical factors.

🔍 Main factors contributing to the decline of BTC:

1. Geopolitical tensions and economic uncertainty

Trade negotiations between the US and China have stalled, leading to a decrease in appetite for risky assets, including cryptocurrencies. Additionally, recent minutes from the Federal Reserve indicate a possible recession, amplifying negative sentiment in the markets.

2. Massive liquidations in the derivatives market

In a 24-hour period, liquidations of over 683 million USD in cryptocurrency futures positions were recorded, the majority being long positions. This selling pressure accelerated the decline in prices.

3. Central banks' preference for gold over Bitcoin

Central banks around the world are increasing their gold reserves, avoiding Bitcoin due to its volatility and regulatory uncertainties. This trend reflects a greater confidence in traditional assets during times of uncertainty.

4. Technical analysis and critical support levels

The cryptocurrency market broke an important support level at a total market capitalization of 3.35 trillion USD, triggering automatic sell-offs and stop-loss orders. This contributed to additional pressure on prices.

5. Changes in US regulations

Although the Securities and Exchange Commission (SEC) has dropped the lawsuit against Binance, providing a positive boost to the market, the introduction of the CLARITY Act for regulating digital assets adds a new level of short-term uncertainty.

📈 Future outlook

Despite the recent decline, analysts remain optimistic in the long term. Some foresee a possible increase in the price of Bitcoin to 200,000 USD by 2025, based on positive technical indicators.