Bitcoin (BTC) experienced a volatile trading day on March 10, 2025, with the price bottoming out at $76,600 before recovering slightly. The correction reflects the recent downtrend, as BTC has lost 30% of its value from its all-time high of $109,356 in January 2025.

30% Correction—A Sign of a New Bull Run?
The sharp drop in Bitcoin prices is believed to be the result of a "sell the news" effect following a series of bullish catalysts, including President Trump's inauguration earlier this year and the recent executive order on the Bitcoin strategic reserve. However, analysts say this could be a necessary correction period before BTC enters a new bull cycle, depending on macroeconomic factors.

Trump's economic policies rattle financial markets
Recession fears have increased after President Trump did not rule out the possibility of a US economic contraction by 2025. Escalating trade tensions with tariffs of up to 25% on Canada, Mexico and China have disrupted $2.2 trillion worth of trade flows, driving up consumer prices and dampening business sentiment. Major indexes such as the S&P 500 fell sharply on March 10 as uncertainty over Trump's economic agenda grew.

President Trump defended the measures as part of a "transformational" strategy to restore America's wealth. However, he also acknowledged that this could cause major disruption in the short term.

Bitcoin Short- and Long-Term Outlook
While history shows that sharp corrections like the current one are often followed by new highs, the lack of immediate buying pressure suggests that the market is still in a cautious phase. As BTC stabilizes around $77,000, traders are closely watching key support and resistance levels to determine the next move.

The combination of Trump’s economic policies, financial market volatility, and investor sentiment could create a dramatic period for Bitcoin. Is this an opportunity to accumulate before a new rally, or will BTC continue to face downward pressure? Investors are watching closely to find out.