📉 Bitcoin: correction or trend change?
Bitcoin closed near USD 82,564 on October 9, while its all-time closing high or reported peak price depends on the source and the criteria used. CoinMarketCap reports an all-time high of USD 126,198. The difference reflects a considerable drop from the 2025 peak.
We might think that a significant drop does not, by itself, confirm that a new downtrend has begun. It is worth monitoring volume, support levels, liquidity, and the macroeconomic context before drawing conclusions.
#Bitcoin #BTC #TechnicalAnalysis #Cryptocurrency
Bitcoin closed near USD 82,564 on October 9, while its all-time closing high or reported peak price depends on the source and the criteria used. CoinMarketCap reports an all-time high of USD 126,198. The difference reflects a considerable drop from the 2025 peak.
We might think that a significant drop does not, by itself, confirm that a new downtrend has begun. It is worth monitoring volume, support levels, liquidity, and the macroeconomic context before drawing conclusions.
#Bitcoin #BTC #TechnicalAnalysis #Cryptocurrency