Markets· ★★★★· bearish·

Bitcoin drops below $80K for first time since Oct 15 as Schiff predicts $75K

  • —$436 million liquidated in four hours, with $404 million in long positions
  • —US spot Bitcoin ETFs lost $635.6 million on Thursday and $137.9 million on Friday
  • —Strategy holds 848,517 BTC bought at an average of $75,446
  • —Ether fell nearly 4% in 24 hours to about $2,300
Why it matters: The $75,000–77,500 zone marks Strategy's cost basis and the average ETF buyer's entry; a break below would intensify selling pressure.
#BTC#ETH
Source: Bithub
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