Bitcoin is experiencing a sharp correction, currently trading around $80,185. Analysts predict the next support level at approximately $73,800, with many put options set at $70,000, indicating a potential further decline. If this trend continues, preparing to buy around $65,000 could be a reasonable strategy. However, the cryptocurrency market is highly volatile and influenced by various economic factors and investor sentiment. Therefore, it is essential to closely monitor market developments to make the best investment decisions.
