Hey kids! Want to hear some Bitcoin news? Bitcoin, a type of digital money, might be changing direction. It's been going up a lot lately, but some clues suggest it might start going down a bit before going back up again.
- Lots of people who held Bitcoin for a long time are now selling some.
- A special chart shows Bitcoin is changing from a 'bull' (going up) market to a 'bear' (going down) market.
- A big sell-off happened recently, but this has happened before, and Bitcoin went back up afterward.
Fact | Number/Prediction |
---|---|
Biggest Bitcoin sell-off | $1.7 billion in losses! |
Bitcoin's high in late 2024 | $100,000 |
Possible future for Bitcoin | Price might go down before it goes up again. |