{"id":20920,"date":"2025-02-05T12:50:33","date_gmt":"2025-02-05T10:50:33","guid":{"rendered":"https:\/\/forklog.com\/en\/experts-identify-three-risks-threatening-bitcoins-90000-level\/"},"modified":"2025-02-05T12:50:33","modified_gmt":"2025-02-05T10:50:33","slug":"experts-identify-three-risks-threatening-bitcoins-90000-level","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/experts-identify-three-risks-threatening-bitcoins-90000-level\/","title":{"rendered":"Experts Identify Three Risks Threatening Bitcoin&#8217;s $90,000 Level"},"content":{"rendered":"<p>Bitcoin faces the risk of dropping below its current range of $90,000\u2013$110,000. <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/02\/05\/bitcoin-might-hit-a-wall-at-usd90k-usd110k-as-these-3-development-could-put-the-brakes-on-the-next-bul-breakout\">CoinDesk<\/a> has highlighted three factors that could contribute to this scenario.<\/p>\n<p>These are:<\/p>\n<ul class=\"wp-block-list\">\n<li>tightening fiat liquidity;<\/li>\n<li>delays by the Trump administration in establishing a national bitcoin reserve;<\/li>\n<li>weakening upward momentum, according to technical analysis.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\"><strong>Liquidity<\/strong><\/h2>\n<p>Specifically, the cash balance in the U.S. Treasury&#8217;s general account has increased from $623 billion to $800 billion.<\/p>\n<p>After the national debt ceiling reached $36 trillion in January, investors anticipated that the Treasury would reduce its balance as part of emergency measures to keep the government functioning. This could have boosted liquidity in the economy and markets.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1423.webp\" alt=\"1-1423\" class=\"wp-image-251144\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/en.macromicro.me\/charts\/34339\/us-treasury-general-account\">MacroMicro.me<\/a>.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cWe&#8217;re looking at a scenario where key liquidity sources are drying up or being more tightly controlled. This could lead to a slowdown in economic activity, higher borrowing costs, and potentially a more challenging environment for risk assets, including crypto,\u201d<\/em> explained analyst Anndy Lian.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">We&#8217;re looking at a scenario where key liquidity sources are drying up or being more tightly controlled. This could lead to a slowdown in economic activity, higher borrowing costs, and potentially a more challenging environment for risk assets, including crypto.<\/p>\n<p>\u2014 Anndy Lian (@anndylian) <a href=\"https:\/\/twitter.com\/anndylian\/status\/1886961746243674454?ref_src=twsrc%5Etfw\">February 5, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 class=\"wp-block-heading\"><strong>Bitcoin Reserve<\/strong><\/h2>\n<p>The publication described the Trump administration&#8217;s approach to fulfilling its<a href=\"https:\/\/u1f987.com\/en\/news\/donald-trump-becomes-47th-president-of-the-united-states-implications-for-the-crypto-industry\"> campaign promise<\/a> of creating a bitcoin reserve as \u201ccautious.\u201d This is a disappointing shift for investors who expected swift implementation of such an initiative.<\/p>\n<p>Recently appointed head of the<a href=\"https:\/\/u1f987.com\/en\/news\/white-house-working-group-to-assess-a-national-crypto-reserve\"> Digital Assets Market Task Force<\/a>, President&#8217;s special advisor on AI and cryptocurrencies David Sacks, called the assessment of creating a bitcoin reserve a priority but provided no details.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cWait, Trump said he would create a framework, not promised to <em>\u2018<\/em>assess it<em><em>\u2019<\/em><\/em>. Assess\/study is what Washington does when it doesn&#8217;t intend to address an issue,\u201d<\/em> commented Jim Bianco, president and macro strategist at Bianco Research.<\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\"><strong>Technical Picture<\/strong><\/h2>\n<p>The chart of the leading cryptocurrency shows a <span data-descr=\"forms when the asset's price reaches a new local high, but the RSI value is lower than the previous local high\" class=\"old_tooltip\">bearish divergence<\/span> on the 14-week RSI. A similar situation was observed after reaching the <span data-descr=\"all-time high\" class=\"old_tooltip\">ATH<\/span> in 2021.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-1016.webp\" alt=\"2-1016\" class=\"wp-image-251145\"\/><figcaption class=\"wp-element-caption\">Data: CoinDesk.<\/figcaption><\/figure>\n<p>The signal will be invalidated if the indicator breaks through the downtrend line, the publication noted.<\/p>\n<p>According to Standard Chartered, digital gold is expected to rise <a href=\"https:\/\/u1f987.com\/en\/news\/standard-chartered-predicts-bitcoin-surge-by-february-march\">to $112,000\u2013$130,000<\/a> in the next two months due to accelerated institutional inflows and a shift in sentiment towards risk acceptance.<\/p>\n<p>Earlier, analyst and MN Trading founder Micha\u00ebl van de Poppe predicted volatility and a new bitcoin high in February.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin faces the risk of dropping below its current range of $90,000\u2013$110,000. CoinDesk has highlighted three factors that could contribute to this scenario. These are: tightening fiat liquidity; delays by the Trump administration in establishing a national bitcoin reserve; weakening upward momentum, according to technical analysis. Liquidity Specifically, the cash balance in the U.S. Treasury&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1641,1146,1224,1145,1253],"class_list":["post-20920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-reserves","tag-cryptocurrency-market-forecasts","tag-macroeconomics","tag-market-analysis","tag-technical-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=20920"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/20919"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=20920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=20920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=20920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}