Will Bitcoin Crumble with Inflation? Steno Reveals the Bottom Price Level He Expects! - Coin Bulletin

While economic uncertainties in the US have caused a drop in the price of Bitcoin, a decrease followed by record highs are expected for 2025.

The decline in the price of Bitcoin (BTC) may continue due to the negative environment created by inflation and economic uncertainties in the United States. According to a report by Steno Research, the Bitcoin price could drop as low as $85,000.

The price of Bitcoin has lost 10% since mid-December, falling from the peak of $106,000 to $96,000. Steno Research expects this decline to continue and BTC to drop to the $85,000 level. The report notes that this market downturn is due to an economic environment where inflation is back in focus and is negatively affecting risky assets.

Derivative markets and inflation pressure

It is stated that there is still high leverage in Bitcoin derivative markets, while this situation is emphasized to increase the possibility of further correction in prices. According to Steno Research, ongoing inflation pressures in the US may lead to additional selling waves in the crypto market.

Positive employment reports in the US and the possibility of a more aggressive policy by the US Federal Reserve (FED) on interest rates are among the other factors suppressing Bitcoin prices. The report states that the probability of an interest rate cut for January is less than 3%, and attributes Bitcoin's pressure to the strong US dollar.

Optimistic expectations for 2025 ###

Despite all these negativities, Steno Research predicts that 2025 will be a year filled with records for the crypto market. It is anticipated that Bitcoin could surpass the $150,000 level in 2025, and this rise will be supported by a more favorable regulatory environment and increased liquidity.