Bitcoin (BTC), a type of cryptocurrency, is going down in price! It's lost some of its value recently. Experts are trying to figure out where the price will stop falling.
- Bitcoin's price is dropping, making some people worried.
- Traders are watching to see if the price will reach certain levels, like $78,000 and $70,000.
- Some experts think Bitcoin might go even lower before it starts going up again.
Possible Bitcoin Price | Reason |
---|---|
$78,000 | Filling a 'CME gap' (a space in the price chart). |
$70,000 | Large amounts of Bitcoin available to buy at this price. |
$92,000 | Possible target if the price bounces back up. |