<ul><li>Bitcoin price plunged from $93,700 to $89,250 in under an hour on March 3, wiping out half of the previous day’s gains.</li><li>Bitcoin's chances of reclaiming the $90,000 support remain strong as US President Donald Trump mentioned Bitcoin and Ether as key components of the country's strategic digital asset reserves.</li><li>China's announcement of retaliatory measures against the US' additional import tariffs triggered panic among traders, leading to a drop in Bitcoin price.</li><li>Despite worsening investor sentiment, Bitcoin is expected to reclaim the $90,000 support due to continued accumulation by Strategy and the potential positive impact of the strategic crypto reserves.</li></ul>

Bitcoin price dumps again — Will $90K turn into resistance or support?

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