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news-imageMarch 9, 2025

Bitcoin at $84K – Can BTC hold on or drop to $60K?

A breakdown could lead to a deeper correction, but history suggests a potential rebound.
Publisher: AMBCrypto
Sentiment: Neutral
BTC

More News Articles

Positive
cover-imageThe Daily Hodl
March 9, 2025

Samson Mow Says US Government Will Acquire More BTC for Strategic Bitcoin Reserve To Beat China's Holdings

Samson Mow, the CEO of Bitcoin-focused tech firm JAN3, believes that the US has a legitimate reason to increase its BTC holdings. Mow says on the social media platform X that some crypto investors find the Strategic Bitcoin Reserve (SBR) underwhelming as President Trump's executive order largely focuses on not selling the government's seized BTC.

Negative
cover-imageCointribune
March 9, 2025

More Than 1000 Dollars Before A Catastrophe For Bitcoin! Here's Why

Bitcoin (BTC) could soon experience significant volatility and trigger over $1.13 billion in long position liquidations if its price falls below the critical threshold of $82,000. Currently trading at $83,000, bearish pressure is intensifying as investors react negatively to recent announcements regarding the strategic bitcoin reserve in the United States.

Negative
cover-imageBitcoinist
March 9, 2025

Bitcoin & Ethereum Move In Lockstep With US Stocks As Tariff Concerns Weigh On Markets

Bitcoin has struggled to regain bullish momentum, weighed down by global trade war fears and the uncertainty surrounding US President Donald Trump's executive order to establish a Strategic Bitcoin Reserve last Thursday. While the announcement was expected to boost confidence, macroeconomic conditions continue to dictate market trends, keeping BTC below key resistance levels.

Negative
cover-imageZycrypto
March 9, 2025

Senator Elizabeth Warren Writes to ‘Crypto Czar' David Sacks, Requests Transparency with Bitcoin Reserve

Elizabeth Warren, a Democratic senator, wrote a letter to David Sacks, Trump's crypto advisor, raising questions about how fair the new crypto reserve would be, including the five cryptocurrencies being promoted alongside it. She argues that publicity of the new reserve may boost prices for people already holding the token, thus making wealthy people more wealthy and enriching insiders who knew about the crypto policies in advance.

Neutral
cover-imageBitcoin
March 9, 2025

Bitcoin Price Watch: BTC's Next Move Hinges on $83.5K Support Amid Low Demand

Bitcoin is trading at $84,583 with a market capitalization of $1.67 trillion, while its 24-hour trade volume remains exceptionally low at $12.79 billion, reflecting cautious market sentiment within an intraday price range of $84,262 to $86,546. Bitcoin Bitcoin‘s 1-hour chart reveals an immediate downtrend, with BTC struggling below key resistance at $86,800.

Positive
cover-imageCointribune
March 9, 2025

El Salvador bought 13 BTC in March despite IMF agreement

The Salvadoran government has added more than 13 bitcoins to its reserves since March 1, openly defying the conditions of the $1.4 billion loan provided by the International Monetary Fund. Despite international pressures, President Nayib Bukele claims that nothing will stop his country's accumulation strategy.

Negative
cover-imageUToday
March 9, 2025

Bitcoin (BTC) ROI Going to 0? Unexpected Moves

Bitcoin has recently experienced volatility in its price trajectory, finding it difficult to maintain momentum above $90,000. Despite a long history of growth, new data points to the cryptocurrency possibly reaching a turning point.

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