Is the bottom in? BTC faces a sharp decline
This morning, Bitcoin plummeted, joining the global asset sell-off.
Since the implementation of Trump's tariffs on the 4th, Bitcoin remained relatively stable, hovering around $83,000, but ultimately could not withstand the weakness, with the $78,000 support level facing a test this morning.
Trump's erratic actions have shaken the global financial markets, causing U.S. stock futures, crude oil futures, spot silver, and cryptocurrencies to all enter a free-fall mode, with no exceptions.
The investment cost-effectiveness of $78,000 has gradually improved, but given the current situation, caution is warranted, as there may be opportunities to acquire cheaper assets later on.
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