Since President Trump’s inauguration on January 20, 2025, Bitcoin has experienced a significant drop from $109,000 to $80,000, marking a 30% correction. This event mirrors the price action observed after the U.S. spot Bitcoin ETF launch in January 2024, where Bitcoin surged from $25,000 to $49,000, a 40% rally, before declining by 20% in the following weeks. Despite the initial bullish news, both instances led to a local top followed by a notable correction. The current correction suggests short-term bearishness, but long-term optimism remains due to a more favorable U.S. administration stance on digital assets. The next move for Bitcoin will largely depend on the broader macroeconomic environment.
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