Factors Influencing the Decrease in Bitcoin Price Over the Week
Geopolitical Tensions
* US Strikes on Iran Caused Market Panic.
* Military Escalation in the Middle East Led to Capital Flight to Safe Assets.
Activity of Major Holders
* Transfer of 801 BTC After 8 Years of Inactivity.
* Actions of Fartcoin Whales Caused Liquidations of $6 Million.
Expert Forecasts
* Analyst James Wynn Increased Short Positions on BTC to $93,000-$95,000.
* Lack of Expectations for Fed Rate Cuts Limits Cryptocurrency Growth.
Money Laundering Scandal
* Accusations Against Garden Finance for Money Laundering by Bybit Hackers.
* Over 80% of Fees Are Related to Illegal Transactions by the Lazarus Group.
Technical Factors
* BTC Price Below 20-Day Moving Average (105,409.52), Indicating Correction.
* Approach to the $100,000 Level Caused Nervousness Among Traders.
The Long-Term Outlook for Bitcoin Remains Positive, Considering Institutional Adoption and Growing Role in the Financial System.