CZ Scoffs at Bitcoin “Crash” Talk as BTC Slides Under $90K
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Predictions Markets
See what traders are focused on
- Bitcoin drops below $90K, hitting its lowest level since November
- Analysts see no confirmed bottom, with key support between $82K-$85K
- Tariff concerns and Bybit’s $1.5B hack fuel market uncertainty
Bitcoin slipped below $90,000 on Tuesday, continuing its steep slide since November. This drop happened during macroeconomic fears and a big exchange hack made investors nervous.
Investor mood really soured because of U.S. tariff worries and a $1.5 billion hack on Bybit. The top cryptocurrency is now down 3% today.
CZ’s Witty Take on Bitcoin’s Dip
As analysts warn of more turbulence ahead, former Binance CEO CZ weighed in, joking about future headlines lamenting a Bitcoin “crash” from $1,001,000 to $985,000. He argued that as Bitcoin’s market cap grows, volatility will gradually decrease, making even a 2% dip newsworthy.
Technical analysts are still worried, suggesting prices might go even lower before they bounce back. “We don’t see any solid bottom yet,” one expert said. “Bitcoin still needs to break above any resistance, and the price pattern suggests prices could fa…
The post CZ Scoffs at Bitcoin “Crash” Talk as BTC Slides Under $90K appeared first on Coin Edition.
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