🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
#Crypto Downturn: Hold or Sell?#
As of February 18, 2025, Bitcoin is trading at approximately $95,740, reflecting a 0.64% decrease from the previous close.
Since President Donald Trump’s inauguration on January 20, 2025, Bitcoin has experienced a 14% decline from its all-time high of $111,000. This downturn is primarily attributed to the new administration’s underwhelming crypto policies and unfavorable macroeconomic conditions. Despite campaign promises to establish a Bitcoin strategic reserve, no significant actions have been taken, leading to investor disappointment. Additionally, recent inflation increases suggest that the Federal Reserve is unlikely to lower interest rates soon, making riskier assets like Bitcoin less attractive. 
However, potential catalysts for a Bitcoin rebound include the enactment of proposed bills across 18 U.S. states to establish state-level Bitcoin reserves, which could introduce approximately $23 billion into the market. Additionally, more favorable U.S. crypto legislation and improved macroeconomic conditions, such as inflation trending towards the Federal Reserve’s 2% target, could encourage the Fed to lower interest rates, enhancing Bitcoin’s appeal relative to bonds.  
In summary, while Bitcoin has faced recent declines due to policy and economic factors, upcoming legislative developments and potential macroeconomic shifts may positively influence its trajectory.