Bitcoin Drops Below $88,000: What Traders Should Know
Bitcoin has plunged below $88,000, returning to levels not seen since mid-November 2024, primarily due to market responses to Donald Trump’s tariff announcements. Traders like Ali Martinez have pointed out that Bitcoin is now breaking below key support levels. Without reclaiming $92,500, analysts warn it might slide further down to around $81,000. Traders must stay vigilant and plan their strategies accordingly.