Big news about Bitcoin! Bitcoin's price is going up and down a lot lately. Experts are watching a special price range between $78,000 and $80,700. This is called a CME gap.
- Bitcoin's price recently went above $100,000, then dropped.
- Experts think it might go down further to around $72,000-$74,000 or even lower.
- But, Bitcoin is also in what's called an "oversold" situation, which sometimes means a price bounce back could happen.
| Possible Event | Price |
|---|---|
| Lowest price prediction | $60,590 |
| Possible bounce-back support level | $72,000-$74,000 |
| CME gap range | $78,000-$80,700 |
Think of a CME gap like a hole in a graph showing Bitcoin's price. Prices usually fill those holes! So, it's an important thing to watch. Remember: This isn't financial advice; it's just news!
