According to Steno Research, Bitcoin’s price has seen a decline of nearly 10% since mid-December, falling from 106,000 USD to around 96,000 USD. If inflation pressures persist, Bitcoin could potentially drop to as low as 85,000 USD per coin.
Despite the current challenges, Steno anticipates a positive regulatory environment by 2025, predicting that Bitcoin’s price may soar to 150,000 USD due to declining interest rates and increased liquidity. This scenario highlights the cryptocurrency’s potential for significant growth.