It has been over two weeks since Bitcoin [BTC] began moving downward, losing 13% of its value. Currently, it continues to hold this bearish trend. Based on its price action and recent whale activity, the asset appears likely to extend its downtrend in the coming days.

The United States has moved to tighten chip rules in China, cancelling approvals that had let Samsung and SK Hynix obtain U.S. chipmaking gear for their China operations, according to a notice in the Federal Register.

This recent price decline has sparked conversations around the BTC bull cycle potentially reaching its peak, especially considering the market is currently dominated by euphoria. However, a crypto analyst on social media platform X has come forward with an audacious prediction for the Bitcoin price over the next few months.

In a crisis, the protocol shifts to a centralized multisig, acting as a governance “kill switch” The Trump-family-linked crypto project, World Liberty Financial (WLF), has laid out its governance rules ahead of its token unlock, and the bottom line is clear: the core team holds the ultimate power.