New Bitcoin Price Prediction. BTC Slips as We Head into the Weekend
As the stock market rises, Bitcoin is in decline, but it may not be for much longer thanks to some promising factors.

Quick overview
- Bitcoin (BTC) recently peaked at $107,931 but has since dropped to $106,821 as the weekend begins.
- Despite a slight decline, Bitcoin may rebound this weekend due to favorable market conditions and recent regulatory news.
- The passing of a stablecoin regulation bill in the U.S. Senate could enhance market stability and investor confidence.
- Historical data suggests that long-term Bitcoin holders are not selling, indicating potential for a bullish trend in the near future.
Live BTC/USD Chart
Bitcoin (BTC) climbed to $107,931 (BTC/USD) on Thursday but has since fallen to $106,821 as the weekend starts. Can this leading cryptocurrency token hold onto its gains and set a new record?

Bitcoin has slipped slightly from its recent high and could be in trouble, as it is not mimicking the bullish stock market but is instead retreating. As the S&P 500 prepares to set a new record, and Nvidia and Microsoft are at all-time highs, Bitcoin is having trouble getting back to its record high and has started to decline.
There Could Be a Weekend Resurgence
Bitcoin may be able to come out of its small slump and move rapidly upward this weekend thanks to a few key factors. The entire market should benefit from recent news that a stablecoin regulation bill has passed the United States Senate and could become law in the near future. This would open the door for a freer and better regulated market with a modern framework of government oversight attached to it.
Bitcoin could also benefit from the peace agreement between Israel and Iran that promises to open investor wallets. Whenever there is a war going on that involves the United States, investors hold on tighter to their leisure funds. However, as the U.S. withdraws from military engagements, investors tend to open their pockets more and become freer in their spending.
As investors and the market process these developments, we could easily see a bullish trend develop throughout the weekend that pushes Bitcoin much higher. Despite the current downtrend, we do not think the coin will remain bearish for long. In fact, the data shows that the oldest Bitcoin holders are not selling their coins right now and are waiting out the decline of BTC’s price.
Bitcoin is down 0.27% for the day so far but has climbed 0.70% over the last week. The wider trend is likely to overpower the smaller one, and we could see a record high by next week.
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