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How low can the Bitcoin price go?

cryptoweekly by cryptoweekly
March 4, 2025
in Altcoins, News
0

Bitcoin’s price is down 8.5% in 24 hours, and breaching the 200-day SMA puts the BTC price at risk of a deeper correction.

Bitcoin (BTC) price has declined by more than 8.5% over the last 24 hours days after rallying to $95,000 on Sunday, March 2.

Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin suddenly dropped from a high of $94,422 on March 3 to an intra-day low of $82,450 on March 4.

BTC/USD daily chart. Source: TradingView

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Recent Posts
  • Bitcoin dips as June CPI confirms sticky inflation trend: Are BTC dips for buying?
  • Crypto-backed group gathers $141M funding to influence US elections
  • Bitcoin profit taking sets traders’ buy target at $113K: Will a rally to new highs follow?
  • Bitcoin bear Vanguard is now the largest shareholder of Strategy
  • ETH news update: Bulls target $3.4K, citing ETF flows and treasury buying as the fuel
  • Kraken launches US crypto derivatives platform in wake of NinjaTrader acquisition
  • Trump calls for GENIUS Act to pass Tuesday, despite reports of later vote

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