EXCLUSIVE: Answering Key Questions About Bitcoin’s Future 10 Days Before The Inauguration

Bitcoin’s (CRYPTO: BTC) dip from its all-time high of $108,135 on Dec. 17 to its current price around $93,100 has prompted questions about the market’s direction, the impact of government actions and what the future holds under the incoming Trump administration.

Benzinga spoke to several industry experts to take the temperature on Bitcoin’s near-term future,

Market Reversal: Temporary Dip Or A Vibe Shift?

The recent downturn has investors wondering if this is a minor correction or a sign of a more significant market shift.

Patrick Liou, Principal of Institutional Sales at crypto exchange Gemini, points to stronger than expected U.S. economic data, especially in the labor market, which triggered a broad sell-off in risk assets, including Bitcoin.

Bradley Howell, Head of Linear Trading at Keyrock, agrees that the Federal Reserve’s Dec. 18 dot plot, indicating an expectation of only 50 basis points in rate cuts for 2025, impacted all markets.

Howell also noted that slower year-end markets and market participants taking time away from their screens contributed to the downturn, but suggested that the market should have fully priced this in by now.

Julian Beltran, CTO and co-founder of Stabolut, offers a more technical perspective, suggesting that the recent drop represents “natural profit-taking” after a period of consolidation near the $100,000 mark.

Beltran emphasizes that “key metrics remain bullish: ETF inflows continue steadily, institutional adoption is growing and market infrastructure is stronger than in previous cycles.”

Anastasija Plotnikova, CEO and Cofounder of Fideum, believes that the market has already absorbed the Fed’s December announcements, viewing the current situation as a “healthy correction” within the broader bull cycle.

She notes the slower rate cut pace, concerns over sticky inflation and overall resilience in the U.S. economy as major sentiment driversL

“I do not believe there is a drastic …

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