Currently, as I type, it is at 77k, and it has been fluctuating between the range of 85k and 76k for almost a month. Given the current trend, it seems unlikely to drop below 75k for at least the next couple of weeks. It has shown strong resistance within this range, and I believe that falling below 70k, down to 69k, will be very difficult.
I didn't see if it drop to $75k, the lowest that I did see is $76k, but in any case, it's closer to what the OP has stated and it seems that we might have fallen below already. So that is scary as just at the start of the year, we are all singing praises for Trump winning and pushing the price to 6 digits.
You’re right, 76K is the current ever since the Bitcoin rallyPrice did drop below 75K. We are just 1K away to hit again 75K which is highly possible considering how volatile the Bitcoin now that moves 3K to 4K within just an hour of trading.
But with all of his policies like the tariff and all of that, it seems the number reasons why the market is going down in the last 2 months with no sign of recovery or whatever and there are few members that might entertain the idea that we're in the bearish season already.
All countries is reacting to Trump tariff that’s why every goods is now on high price due to taxes while consumer will surely lower their purchase that will result to lower income for businesses.
The effect will be long term if Trump will not back down on this tariff.
