$BTC #BTC #TradingTales #Binance

Bitcoin (BTC) has experienced a slight decline in recent days, with its price dropping below $105,000, after reaching a peak in May near $112,000. This decline is attributed to several factors, including profit-taking by major investors, global economic tensions, and upcoming U.S. labor market data, which may affect the Federal Reserve's decisions regarding interest rates.

Economic tensions: Decisions regarding tariffs in the United States, such as the re-imposition of certain fees, have raised investor concerns and led to increased risk aversion.

Future expectations:

Despite the current decline, future expectations for Bitcoin remain positive. Some analysts predict that the price could reach $120,000–125,000 in June, with the potential to reach $150,000–200,000 by the end of 2025, supported by increased institutional demand and global liquidity expansion.

Technically, the decline in long leveraged positions on the Bitfinex platform indicates the possibility of a price rebound, as this indicator is considered inversely related and is used to predict market movements.

Summary:

The current drop in Bitcoin's price is considered a natural correction following significant rises and is attributed to economic and technical factors.

Do you expect BTC to rise or fall?