The price of Bitcoin has decreased by 1.22% and is now trading at $104,215.0. This decline has reversed half of the gains made after the FOMC meeting and is expected to continue falling due to the volatility at the end of the month. Despite this, the long-term outlook for Bitcoin remains positive and historical data suggests that there may be further gains in February. The question is whether Bitcoin will reach new highs at $123K.
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