Bitcoin's price has fallen below $92,000, reaching its lowest point since breaking $100,000 in early December. Long-term holders and macroeconomic factors, such as profit-taking and uncertainty surrounding the Federal Reserve's interest rate policy, are driving the decline. Other cryptocurrencies like Ether and Solana have also been impacted. Despite acquisitions by companies like MicroStrategy and Tether, Bitcoin's technical indicators suggest further declines. If the price drops below the $91,000 support level, it could potentially decline even further. As we enter 2025, the outlook for Bitcoin remains uncertain, with the possibility of further volatility or a bear market.



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