Bitcoin (BTC) experienced a rise to over $108,000 after Donald Trump’s election victory, then dropped to around $93,500 following the Federal Reserve’s policy change. The 0.25% rate cut contributed to this price adjustment.
Despite the downturn, Scottie Pippen is optimistic about Bitcoin’s growth, projecting a $1 million value. With historical trends indicating potential gains, the market shows possibilities of reaching $131,500 by early 2025, as analysts predict a MAJOR breakout soon.