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Bitcoin’s price plummets to 94,200 USD as traders eye targets below 80,000 USD

Bitcoin’s declining price triggers fear: With Bitcoin’s recent drop to 94,200 USD, retail traders are now eyeing lower support levels between 80,000 USD and 89,000 USD. Increased discussions on social media highlight a growing unease within the trading community.

Traders show concern amid minor funding rate changes: Despite remaining stable, funding rates are at 0.0106%, showcasing market resistance to volatility. Historically, trader anxiety often precedes price recoveries, suggesting potential resurgence if confidence can be restored.

This is community-generated content, not advice from ONUS.
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