Bitcoin's Price Plummets: Is a Drop Below $80,000 Inevitable

Bitcoin's recent price movements have raised concerns among investors as it faces potential bearish trends. After reaching an all-time high of $108,000 in December 2024, Bitcoin has seen a significant decline, dropping below $94,000 and now teetering on the edge of falling below the critical $80,000 mark. Analysts are closely monitoring the situation, citing various technical indicators and market sentiments that suggest a possible further decline.
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