Bitcoin, a type of digital money, recently went down in price! It was trading above $85,000 but dropped below $80,000. Now, it's trying to recover.
- Bitcoin's price is bouncing around.
- It dropped below important support levels.
- There's a chance it could go even lower or rise again.
Price Level | Meaning |
---|---|
$84,000 - $85,000 | Important resistance (price might struggle to go higher). |
$80,000 | Major support level (price might bounce back from here). |
$76,500 | Another support level. |
$96,200 | Possible high if Bitcoin rises significantly. |