Why is the price of BTC struggling to regain $100,000?

The brakes are increasing for Bitcoin

Just a few days ago, we were celebrating the fact that the price of BTC had reached the highly anticipated $100,000. But the liquidation of recent days has not done it any good and, despite a rebound from 94,000 to 98,000 last night, it is struggling to regain its record.

The main reason for this difficulty is simple: the influx of liquidity into the market has slowed considerably.. According to Markus Thielen, the flow has been reduced by half since last week. This results, in particular, in a stabilization of inflows into Bitcoin ETFs.

Another phenomenon that raises questions: the correlation between the little orange coin and NVIDIA stock. The two assets have been evolving neck and neck since 2022 and have both lost their luster in recent days.

The American presidential election also has its role to play in the lack of change in the value of Bitcoin. The FOMO it caused has lost its effecta feeling which translates into distrust of businesses. In this perspective, MicroSoft shareholders yesterday refused to invest in Bitcoin to diversify the company’s assets.

BTC predictions are still bullish

It seems that the rest of December may be less bullish than expected for the price of Bitcoin but the enthusiasm has not completely disappeared. According to Bernstein, BTC in the $95,000-$98,000 range remains attractive for investors. This is because the correction has the merit of moderating speculation, but also because it is a buying opportunity.

In the coming months, large companies like Amazon or even Goldman Sachs are seriously considering investing in Bitcoin. Enough to promise a nice boost as confirmed by the latest BTC predictions. According to Bernstein, the asset is expected to reach $200,000 in 2025 and Trading Shot even thinks it could be worth up to $400,000 the following year.

The moral of the story: the price of BTC sees the opportunity in every difficulty.