Bitcoin Crashes $8K: Why $97,000 is the New Danger Zone | Bitcoin Timely Updates

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You’d think with the US government finally reopening, Bitcoin (BTC) would catch a break, right? Nope. Over the last 12 hours, the price has been brutal, sinking to a new low we haven’t seen in months.

It’s crazy because just three days ago, we were sitting pretty above $107,000. That was when Trump basically hinted the shutdown was over and promised those $2,000 tariff checks. But Bitcoin just couldn’t hold onto that positive vibe and quickly slid back to $103,000. It tried to stage a little comeback on Wednesday, hitting $105,000, but then the sellers just dumed the market, especially on Thursday. When the President actually signed the bill to reopen the government, we saw a tiny initial bounce, but then everything just crashed.

Bitcoin has crashed

Docotr Profits Warning

In under a day, Bitcoin lost a massive $8,000+! Now it’s struggling below $97,000, which is the lowest it’s been since the beginning of May. And if that wasn’t bad enough, “Doctor Profit” who’s been yelling about a crash for weeks, thinks we haven’t hit bottom yet. He’s predicting another big drop, possibly down to the $90,000 to $94,000 zone.

This bitcoin crash is creating a large hustle in traders. The ballon of growth has bursted. Cryptocurrency fear index has fallen to 15, its lowest level since 4 March,” Alex Kuptsikevich, FxPro chief market analyst, said and warning it could be an “alarming” signal of things to come.

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