Bitcoin (BTC) reached a new all-time high of over $100,000 in early December, but saw a pullback after the Federal Reserve announced only two rate cuts in 2025. Currently trading around $96,240, BTC has seen a 0.78% increase in the last 7 trading days. While there are some bearish signals, such as large transfers to exchanges and bearish analyst forecasts, BTC is still outperforming most other crypto assets and is trading above its 200-day moving average. There is support at around $92,143 and a resistance level at $100,188. Overall, there is no new bearish catalyst specific to Bitcoin, indicating that recent price action is likely a reaction to macroeconomic factors.



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