Bitcoin At $93,000—Crash Or Pause? ‘Bullish Outlook For 2025,’ Says 10x Research
Bitcoin‘s (CRYPTO: BTC) dip to $93,000 can be attributed to pressure from a combination of macroeconomic shifts, technical signals and on-chain trends, according to the latest note by 10x Research.
Despite this, the long-term outlook for 2025 appears optimistic, aligning with Bitcoin’s historical cycles and broader economic trends, the analysts report.
The impact of rate cuts
One of the primary drivers of Bitcoin’s decline is the Federal Reserve’s cautious approach to monetary easing.
“The FOMC minutes hint at a pause in monetary easing,” the report notes, highlighting how this shift removes a critical tailwind that has historically supported Bitcoin’s growth.
Without the added boost from loose fiscal policies, Bitcoin has lost some of its upward momentum, exposing vulnerabilities in its price action.
Global liquidity taps start closing
Another factor impacting Bitcoin is …
About The Author
