Bitcoin (BTC) recently reached a record high of $108,000 before experiencing a significant decline, which has left many investors perplexed. Various factors contribute to this sharp downturn, even after a period of excitement generated by previous price surges. Understanding the reasons behind Bitcoin’s price dynamics is crucial for investors looking to navigate the current market landscape. As the cryptocurrency market matures, external pressures, regulatory developments, and shifts in institutional sentiment are playing more prominent roles. Investors should analyze these factors closely to grasp the potential implications for Bitcoin’s future performance. Staying informed will be key to making strategic decisions in this evolving market.