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Bitcoin's Drops Below $80,000: Correction Or Buying Opportunity?

Bitcoin briefly fell under $80,000, reaching a low of $79,162.46 due to recession fears and selling pressure in the equities market.
Goldman Sachs indicated that the likelihood of a recession within the next 12 months has increased to 20% from 15%.
President Donald Trump did not deny the possibility of a recession when asked if he expected one this year.
Market participants are closely watching key economic indicators this week, including the Job Openings and Labor Turnover Survey and consumer price index.

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overpassesforamerica.com

Bitcoin Price Cracks $80K Support—Is a Deeper Correction Coming? - Overpasses For America

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en españo…

Bitcoin briefly falls under $80,000 on heightened recession fears

Bitcoin briefly slipped under the $80,000 level Monday, dragged by the continued selling pressure in the equities market.

4 days ago·United States

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Benzinga

Bitcoin's Drops Below $80,000: Correction Or Buying Opportunity?

Bitcoin's (CRYPTO: BTC) drop below $80,000 has traders questioning whether this is a healthy correction or a prime buying opportunity.

4 days ago·New York, United States

Bitcoin falls below $83,000 as Trump's pro-crypto push fails to impress and recession fears grow

Bitcoin tumbled as low as $80,000 on Sunday, slightly bouncing back before hitting a new low this year, as fears of a recession loom.Read more...

4 days ago·United States

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criptonoticias.com

Should you buy bitcoin after its price drop?

The BTC price rebounded by up to 30% from the all-time high it reached a month and a half ago. Read more

2 days ago

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The Defiant

Crypto Bears Take Control As Investors Hedge Against Bitcoin Falling Below $75,000

Bitcoin bears have taken control in the past week as the cryptocurrency fell below $80,000. Open interest signals most investors are eyeing $75,000 and $70,000 as key levels.Bitcoin fell to as low as $78,537 on March 10, sliding from a seven-day high of $92,300, and is now trading at $82,095.The question is whether bitcoin can hold above $80,000. There are 9,715 puts, or options to sell at a set price, at $80,000, with a notional value of $796 m…

3 days ago

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