Institutional players show a bearish sentiment towards Bitcoin reaching $120,000 by March 2025. Market corrections and expectations of slow Fed rate cuts are impacting the forecast, with inflation posing near-term risks for BTC and the wider market.
Amberdata indicates that expectations of the Federal Reserve’s slow cuts could further delay Bitcoin’s price surge. A HIGH probability of unchanged Fed rates by the end of January intensifies market caution among traders.
Expectations for a potential BTC rally are related to future announcements from President-elect Trump. However, institutional traders align with a bearish approach by betting on a drop to $55,000, affecting the Movement towards the $120,000 target.
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