BITCOIN ETF TO HELP TRUMP ON CRYPTO RESERVE STRATEGY
As of March 2025, Bitcoin appears to be in a corrective phase within its broader market cycle. After reaching an all-time high above $100,000 in late 2024, Bitcoin's price has experienced a significant retracement, currently trading around $80,000.
This correction aligns with historical patterns observed in previous bull cycles, notably the 2017 cycle, where Bitcoin underwent substantial price adjustments before resuming its upward trajectory.
Analysts suggest that this phase may precede another major rally, contingent upon various factors including macroeconomic conditions and investor sentiment.
Additionally, recent policy developments, such as President Trump's executive order to establish a strategic bitcoin reserve, have influenced market dynamics and could play a role in shaping Bitcoin's future price movements.
Bitcoin is currently in a corrective phase, which is a typical component of its cyclical market behavior, potentially setting the stage for future price appreciation.
