Bitcoin ($BTC ) has dipped to $97,996 as of June 6, 2025, down 18% from its $103,900 peak in December 2024, largely due to political turbulence. Can it reclaim its value? Here’s a quick look.
Political Triggers Behind the Decline 🚨
Tariff threats from the Trump administration and uncertainty over the U.S. Strategic Bitcoin Reserve have sparked volatility, with a $2.29 billion liquidation event pushing BTC below $92,500. Regulatory ambiguity continues to weigh on investor sentiment.
Reasons for Optimism 📑
Bitcoin’s history shows resilience, with recoveries after major crashes. The 2024 halving and growing institutional adoption fuel bullish predictions, with some on X eyeing $142,000. Pro-crypto political rhetoric could also drive momentum.
What’s Next? 💭
Clearer regulations and macroeconomic shifts, like Federal Reserve rate cuts, may push BTC past $100,000 by 2026. However, geopolitical risks and economic uncertainty could hinder recovery.