Bitcoin plunged to $80,000 but powerfully reclaimed the critical $84,000 support zone, closing the week at $86,850. With daily RSI deeply oversold, traders are eyeing a sharp move toward $91,400 and the $94,000 high-volume node this week.
Crypto markets extended their retreat today as the Bitcoin price hovered near a seven-month low at $88,890 — down 4% on the day and trading near the bottom of its weekly range.
Bitcoin price is struggling to hold $93,000 as thin liquidity, leverage-driven volatility, and a critical break in market structure fuel one of the most bearish stretches of the 2025 cycle.
Bitcoin price briefly fell below $90,000 overnight before rebounding to the $94,000 range, trading near its weekly high, with over 19.95 million BTC mined — exceeding 95% of its 21 million supply.
Bitcoin closed the week at $94,290, breaching the critical $96,000 support and wiping out all 2025 gains, as ETF outflows and macro fears drive extreme fear in the crypto market.
Bitcoin price plunged to the $102,000s on Tuesday after briefly topping $107,000, retreating despite initial gains from government reopening news and potential tariff checks, as mixed market sentiment weighed on Bitcoin.
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