Bitcoin is declining, previously reaching a peak of over $0.108 million about two weeks ago. The price of Bitcoin has risen 120% this year, with the boost attributed to the prospect that the soon-to-be-appointed Trump administration may strongly support Digital Currency. Chris Weston, head of research at online broker Pepperstone, stated that currently, the boost effect after the election has faded, and Bitcoin has entered a Range fluctuation between $0.092 million and $0.1 million. In a report, he mentioned that if it closes below $0.092 million, it will open up space for Bitcoin to further decline towards $0.081 million. According to information from LSEG, Bitcoin fell 0.9% to $0.0936 million.