Today, Bitcoin price is correcting after reaching a record high of $108,244. Currently, BTC has decreased by about 2.4% to $103,688 due to profit-taking by investors. The main reason is the caution before the upcoming interest rate decision of the US Federal Reserve (Fed).

Another factor affecting Bitcoin is that large investors ("whales") have bought about 70,000 BTC in the past week, increasing demand in the market. Meanwhile, only 900 BTC are mined every 48 hours, which could put pressure on the supply if demand continues to increase.

In addition, it is worth noting that former President Donald Trump mentioned the possibility of establishing a "Strategic Bitcoin Reserve", causing BTC price to surge earlier. However, experts are skeptical about the feasibility of this idea.

At the moment, Bitcoin is trading around $99,952 - $100,093, maintaining a long-term uptrend despite the short-term correction.