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Bitcoin Price Crashes Below $80K in Anticipation of ‘Bloody’ Monday Open for Stock Markets

  • Bitcoin's price dropped suddenly, falling from just under $83,000 to below $79,000.
  • The drop in price resulted in the liquidation of leveraged positions worth nearly $600 million.
  • Analyst Jonatan Randing suggests that Bitcoin is approaching a historical support level, but questions if the market is still in a bull phase.
  • Traders are preparing for a challenging market open on Monday amid tensions over reciprocal tariffs and the poor performance of major stock indices.

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