Bitcoin News

Story: Bitcoin’s Drop to $80K Triggers Market Jitters – Is a Retest of $75K on the Horizon

By Julie Binoche

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Bitcoin’s “Ugly Start” to the Week. Arthur Hayes, co-founder of BitMEX and chief investment officer at Maelstrom, described the price…

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Panic Selling Intensifies as New Investors Exit. According to market research firm 10x Research, Bitcoin’s correction appears to be a "textbook"…

3 / 15

Derivatives Market Signals Rising Uncertainty. Data from derivatives platform Deribit shows that Bitcoin options contracts at key strike prices…

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Bitcoin’s Volatility and Market Sentiment. Bitcoin has remained highly volatile over the past two weeks, fluctuating between $80,000 and…

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Arthur Hayes’ Prediction: A Short-Term Pullback Before a Massive Rally?. In late January, Hayes predicted that Bitcoin would drop to $75,000 before surging to $250,000…

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Macroeconomic Events Could Shape Bitcoin’s Next Move. The coming week could prove crucial for Bitcoin’s price action as the U.S.

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What’s Next for Bitcoin?. Bitcoin’s immediate future hinges on whether it can hold above $78,000.

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Bitcoin’s latest price correction has drives renewed concerns among traders as the leading cryptocurrency fell to just above $80,000 over the weekend.

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Adding to the uncertainty, Hayes noted that a large amount of Bitcoin options open interest is concentrated in the $70,000–$75,000 range.

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Despite the short-term uncertainty, seasoned investors remain cautiously optimistic, with some viewing this dip as a potential buying opportunity before Bitcoin resumes its…

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This data indicates that traders are actively betting on price movements within this range, which could lead to increased volatility in the coming days.

12 / 15

Bitcoin has remained highly volatile over the past two weeks, fluctuating between $80,000 and $95,000 amid shifting global economic narratives. Reports of U.S.

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As a result, the Bitcoin Fear & Greed Index has plunged back into "extreme fear," reaching a reading of 20 on March 10.

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A month later, Hayes warned that Bitcoin could see a more substantial decline to $70,000 due to hedge funds unwinding their positions in Bitcoin ETFs.

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The coming week could prove crucial for Bitcoin’s price action as the U.S. releases two key inflation reports.

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