$BTC
BTC
75,986.26
-3.00%
๐ป BTC has plunged below $80,000, trading near ~$78.5K โ the lowest since April 2025 as risk-off sentiment grips markets and liquidity dries up. Major sell-offs have erased over 30% of BTCโs value from recent highs.
๐ Market Context
Trading volumes are rising alongside volatility, but sentiment remains in โextreme fear.
๐ Short-Term Outlook:
Bearish pressure likely continues until BTC recaptures key levels above $80Kโ$82K. Watch macro signals and ETF flows for clues on stabilization.
๐ก Bullish Case: Bitcoinโs drawdowns sometimes attract entry interest, and network adoption metrics (new addresses) can signal long-term belief.