Article
Bitcoin breaks a key threshold: are sellers now targeting $80,000?


Yellow Media French
16 min
Bitcoin (BTC) fell to around $82,800 on Thursday, dropping below the $83,000 threshold that FxPro considered could pave the way for a rapid correction to $80,000, while fears of US strikes against Iran pushed oil above $102 a barrel.
Key points:
Bitcoin fell 1.6% to just under $82,800 during Asian trading on Thursday.
Brent crude topped $102 a barrel after reports that the White House had requested options for strikes against Iran.
According to Alex Kuptsikevich (FxPro), a break below $83,000 could send Bitcoin down to $80,000 in the near term.
Bitcoin price pulls back
The largest cryptocurrency fell 1.6% to just under $82,800 on Thursday morning in Asia. It thus slipped back below $83,000, the lower boundary of its trading range over the past two weeks—a level it had already breached once on Wednesday. XRP (XRP) led losses among large-cap cryptocurrencies, dropping nearly 4% to around $1.42, while Ether (ETH) fell 3% to about $2,570 and Dogecoin (DOGE) lost 3%, slipping to just below 9 cents.
$BTC
Bitcoin breaks a key threshold: are sellers now targeting $80,000?


Yellow Media French
16 min
Bitcoin (BTC) fell to around $82,800 on Thursday, dropping below the $83,000 threshold that FxPro considered could pave the way for a rapid correction to $80,000, while fears of US strikes against Iran pushed oil above $102 a barrel.
Key points:
Bitcoin fell 1.6% to just under $82,800 during Asian trading on Thursday.
Brent crude topped $102 a barrel after reports that the White House had requested options for strikes against Iran.
According to Alex Kuptsikevich (FxPro), a break below $83,000 could send Bitcoin down to $80,000 in the near term.
Bitcoin price pulls back
The largest cryptocurrency fell 1.6% to just under $82,800 on Thursday morning in Asia. It thus slipped back below $83,000, the lower boundary of its trading range over the past two weeks—a level it had already breached once on Wednesday. XRP (XRP) led losses among large-cap cryptocurrencies, dropping nearly 4% to around $1.42, while Ether (ETH) fell 3% to about $2,570 and Dogecoin (DOGE) lost 3%, slipping to just below 9 cents.
$BTC