Big news in the world of Bitcoin! Recently, the price of Bitcoin, a type of digital money, went down a lot. It fell below $80,000, which is a big drop. But some experts think it might go up again!
- Bitcoin's price dropped below $80,000.
- Experts are looking at something called the MVRV ratio to predict the price.
- If the MVRV ratio goes above 3.5, it might mean Bitcoin has reached its highest price for now.
- Some think Bitcoin could still go up to $120,000-$130,000!
Fact | Number |
---|---|
Lowest Bitcoin price recently | Below $80,000 |
Possible highest Bitcoin price | $120,000 - $130,000 |
Current Bitcoin price | Around $85,000 |