Bitcoin's price is going down! It's currently trading below $85,000. Many people are selling their Bitcoin because they're worried about losing money. This is making the whole cryptocurrency market a little shaky.
- Bitcoin's price dropped because a lot of people are selling it quickly.
- A special number called the "Coinbase Premium" is negative, meaning U.S. investors are selling Bitcoin at a lower price than other countries.
- If Bitcoin can go back above $88,000-$90,000, it might start going up again.
- But if it goes below $85,000, it could keep going down.
Fact | Number |
---|---|
Current Bitcoin Price | Below $85,000 |
Price Drop Since Monday | 18% |
Key Resistance Level | $88,000 - $90,000 |
Key Support Level | $82,000 - $80,000 |