Bitcoin's price has dropped below its previous trading range of $90,000 to $109,000, currently trading at $80,406 with an 18.7% decline over the past seven days. The price movement is filling the CME Gap between $78,000 and $80,700, which formed in November 2024. Bitcoin has historically filled CME gaps as it retraces its price range. Panic is growing among BTC investors as the token dropped by 25% and $1 trillion has been erased from the wider market through selloffs. The current market projection suggests a further price fall to around $70,000, but a strong support zone may be formed. The drop below $80,000 was triggered by President Trump's tariff plans, causing panic in the investment market.



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