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Coin Telegraph
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Image Credit: Coin Telegraph
How low can the Bitcoin price go?
- Bitcoin (BTC) price drops over 8.5% in 24 hours, falling from $94,422 to $82,450.
- The marketwide drawdown due to US trade tariffs contributed to the decline.
- Bitcoin wiped out more than $350 million in long positions between March 3 and March 4.
- Bitcoin's price is testing the 200-day simple moving average (SMA) at around $82,500.
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