Hey kids! Want to know what's happening with Bitcoin, a type of digital money? It's been going up and down lately, kind of like a rollercoaster! Bitcoin's price is bouncing around between $80,000 and $85,000. Experts are trying to figure out if it's a good time to buy or if the price might go down further.
- Bitcoin's price is a bit wobbly right now.
- Some people think it might drop more before rising again.
- Experts are looking at how much short-term investors (people who own Bitcoin for less than 155 days) paid for it.
- If the price goes below what short-term investors paid, they might sell, making the price go down even more.
- Surprisingly, some short-term investors are still buying Bitcoin!
Fact | Number |
---|---|
Current Bitcoin price | Around $86,000 |
Short-term investors' average price | $90,950 |
Bitcoin price below average cost | 6% |
BTC bought by short-term holders in 4 days | Over 35,000 |