Bitcoin is struggling, with traders disappointed after expecting a surge to $200,000 by 2025. Instead, the price hovers around $100,000, with a 19% market value drop in Uptober.

Market confidence wanes as bears dominate, leaving Bitcoin shaky. Despite Trump’s pro-crypto moves, including pardons and executive orders, the price plunges amid global uncertainties.

Analysts revise Bitcoin’s price target to $120,000 by 2026, down from previous predictions. Market woes stem from October crashes and failure to update trading strategies, causing investor sell-offs.

American consumer sentiment sinks amid rising inflation, unemployment, and trade wars. Global market fears over AI bubble burst add to the gloom, despite long-term bullish views on crypto.

Bitcoin remains volatile, with market watchers optimistic for a rebound. Experts point to past price fluctuations and predict potential for $1 million valuation by 2028 if governments maintain debt issuance.

Read more at Yahoo Finance: Bitcoin trembles at the $100,000 mark. What’s keeping pressure on the price?