Bitcoin ($BTC ) Update:
The cryptocurrency market remains volatile. As of today, 3 April 2024, Bitcoin's price is $82,500, a significant decline from its all-time high of $109,114 on 20 January 2025. The market has been in a continuous downtrend since then.
Reports from Chinese sources suggest that Bitcoin's price may drop further, potentially reaching $50,000. In light of this bearish trend, opening a short position in the futures market could be a promising opportunity for traders. With the entire crypto market facing consistent dumps, strategic planning is essential to navigate the current scenario.