Bitcoin has experienced a significant decline, dipping below the $90,000 mark. This dip comes at a time of economic uncertainty, exacerbated by the imposition of new tariffs. Market observers are debating whether this is indicative of a broader market crash or simply a temporary pullback.
A key support level is identified at $86,400, which is critical for determining the future trajectory of Bitcoin's price. Traders and investors are closely monitoring the situation to ascertain the underlying causes of this price movement and to gauge potential recovery or further decline.