Bitcoin Faces Volatility Amid Economic and Regulatory Shifts

Bitcoin's price has faced recent downward pressure due to global economic uncertainty and new U.S. trade tariffs, with analysts viewing $105,000 as a critical support level that may trigger volatility if breached. Prediction markets like Polymarket now estimate a 55% chance of Bitcoin dropping below $100,000 before 2026, reflecting caution amid stagflation fears and weak U.S. economic data. Despite this, institutional investors such as Michael Saylor's firm continue to accumulate Bitcoin, and some experts predict potential rallies in Q4 based on historical trends. Ethereum ETFs have launched with limited retail interest, while attention is shifting to new protocols like Bitcoin Swift (BTC3), which touts high yields and AI-driven governance. Bitcoin's price remains closely correlated with U.S. equities, with ETF inflows and market risk appetite influencing direction. Industry leaders increasingly position Bitcoin as a broader solution for monetary resilience beyond its use as an inflation hedge.