Bitcoin Price Teeters at $85,000 as Analysts Eye a Crash to $75,000

Bitcoin Magazine Bitcoin Price Teeters at $85,000 as Analysts Eye a Crash to $75,000

The bitcoin price stumbled into December with fresh volatility, plunging 8% early Monday to the mid-$84,000s before clawing back toward $85,456 at the time of writing.

The world’s largest digital asset is now teetering at a key $85,000 level — a price band analysts say could determine whether the bitcoin price stabilizes or slides toward a deeper test of $75,000 in the weeks ahead.

The pullback extends a two-month downtrend that has erased more than 30% from Bitcoin’s October record highs. Over the past 24 hours, BTC traded between $91,866 and $83,800, with thin liquidity and a surge in forced liquidations accelerating the move.

Bitcoin price key levels: $85,000, $84,000 — then $75,000?

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