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Factors limiting Bitcoin's rise above $105,000 despite favorable news flow

Factors limiting Bitcoin's rise above $105,000 despite favorable news flow

CointimeCointime2025/01/31 02:55
By:Cointime

Bitcoin saw a strong start to 2025, gaining 13.5% in the first 30 days due to a more favorable attitude towards the sector from the US government. However, its price has been capped at $105,000, leading traders to question the reasons behind the apparent stagnation. Three factors are preventing a new all-time high for Bitcoin: the global economic slowdown, the AI bubble, and slow institutional adoption. Until these conditions are met, Bitcoin's upside above $105,000 appears limited.

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