Bitcoin plunges to 4-month lows near $80,000 following Trump's executive order establishing a U.S. strategic Bitcoin reserve.
BTC price technical analysis shows critical support at $80K, with a potential downside to $72K if it is breached.
Market experts describe Bitcoin's recent price action as a "textbook correction" with 70% of selling pressure coming from newer investors.
Why is Bitcoin price dropping today? Let's check the current Bitcoin news and technical analysis
Over the
past 24 hours, Bitcoin (BTC) price has dropped nearly 3%, briefly testing the
$80,000 level. While the cryptocurrency rebounded from this psychological
support on Monday, it had just experienced a 6.4% drop on Sunday—one of the
steepest declines this year and its lowest daily close since November 2024.
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Why is
Bitcoin going down and closing at four-month lows? According to experts, the
decline is linked to market volatility triggered by an executive order signed
by President Donald Trump, which mandates the creation of a strategic
cryptocurrency reserve in the U.S., including Bitcoin.
Bitcoin Price Today Is
Going Down. Why?
As of today
(Monday), March 10, 2025, Bitcoin has been testing the $80,000 level for the
second consecutive day. While at the time of writing, its price is rebounding
3.4% to $83,455, it remains down nearly 3% on a 24-hour basis.
This
decline follows a sharp drop on Sunday, when BTC fell by over 6%, marking one
of the worst sessions of the year. It also recorded its lowest daily close
since November 2024, making it the weakest level in more than four months.
Why is Bitcoin dropping today? Source: Tradingview.com
While this
move initially sparked optimism, the lack of a bold commitment to purchase
significant amounts of Bitcoin—such as 100,000 or 200,000 coins—left investors
underwhelmed. Prices slid as traders expressed disappointment over what they
perceived as a conservative approach.
Bitcoin Holds (Again) at
$80K – BTC/USDT Technical Analysis
My
technical analysis suggests that the $80,000 level is a critical support for
buyers, having successfully halted declines for the second time in the past two
weeks. After four consecutive days of BTC depreciation, this level has
triggered a reversal and a corrective rebound of over $3,000.
However,
BTC/USDT remains under bearish pressure, far from the consolidation near its
all-time high (ATH) that was observed between November and late February. In my
view, a break above the $90,000–$92,000 zone, which marks the lower boundary of
that consolidation range, would signal that bulls have regained full control.
If the $80K
support fails, the next target would be the October highs around $72,000.
However, I see a more significant support level at the September and early
November peaks, near $67,000. In my opinion, this is the ultimate line in the
sand that will determine whether bulls or bears take dominance in the market.
Bitcoin Price Drops in “Textbook
Correction”
Beyond
policy announcements, Bitcoin’s price action reflects broader market dynamics.
Analysts at 10x Research described this as a “textbook correction,” pointing
out that roughly 70% of the selling pressure came from investors who entered
the market within the last three months. This wave of panic selling by newer
participants has amplified the decline.
Arthur
Hayes, co-founder of BitMEX and CIO of Maelstrom, warned that Bitcoin could
soon retest the $78,000 level. “If that support fails, $75,000 is next,” he
posted on X, highlighting significant open interest in Bitcoin options at the
$70,000 to $75,000 range. A drop to these levels, he cautioned, could trigger a
“violent” sell-off as derivatives traders adjust their positions.
The crypto
market doesn’t operate in a vacuum, and macroeconomic factors are also at play.
This week, the U.S. is set to release two critical inflation reports that could
sway Federal Reserve policy. Persistent inflation might prompt tighter monetary
measures, potentially dampening risk assets like Bitcoin.
Meanwhile,
trade tensions are heating up, with Canada imposing retaliatory tariffs in
response to U.S. policies under Trump. Mark Carney, Canada’s newly elected
Liberal Party leader and former central banker, vowed to challenge American
trade moves, adding uncertainty to global markets.
Bitcoin News and Price,
FAQ
Why Is Bitcoin Falling
Now?
Bitcoin’s
recent price drop is mainly linked to market reactions following President
Donald Trump’s executive order to establish a U.S. strategic Bitcoin reserve.
Instead of committing to large-scale government purchases of Bitcoin, the
reserve will be funded using assets seized in criminal and civil forfeiture
cases.
Will BTC Rise Again?
The future
trajectory of Bitcoin remains uncertain and is influenced by multiple factors,
including government policies, investor sentiment, and broader economic
conditions. While some analysts believe Bitcoin will recover in the long term
due to increasing institutional adoption and its role as a store of value,
others warn that without strong buying pressure, Bitcoin may remain under
bearish influence. A key resistance level to watch is the $90,000–$92,000
range, which could signal a return to bullish momentum. On the downside, if the
$80,000 support level fails, Bitcoin could test lower levels around $75,000 or
even $70,000.
What If You Invested
$1,000 in Bitcoin 10 Years Ago?
If you had
invested $1,000 in Bitcoin ten years ago, in March 2015, your investment would
have significantly increased in value. At that time, Bitcoin’s price ranged
from approximately $177 to $465, with an average of about $300. A $1,000
investment would have bought around 3.33 BTC. At the current price of about
$82,308 per Bitcoin, that investment would now be worth approximately $274,000.
This highlights Bitcoin’s historical potential for high returns despite its
volatility.
Is Bitcoin Going Down
Because of Trump?
Yes, to
some extent. The recent drop in Bitcoin’s price has been partially attributed
to investor disappointment over President Trump’s executive order regarding a
strategic Bitcoin reserve. While the order initially sparked optimism, the lack
of a bold commitment to purchasing significant amounts of Bitcoin left traders
underwhelmed. This led to selling pressure and price declines. However,
Bitcoin’s movement is also influenced by broader market dynamics, such as
profit-taking, macroeconomic concerns, and technical levels being tested in the
market.
Over the
past 24 hours, Bitcoin (BTC) price has dropped nearly 3%, briefly testing the
$80,000 level. While the cryptocurrency rebounded from this psychological
support on Monday, it had just experienced a 6.4% drop on Sunday—one of the
steepest declines this year and its lowest daily close since November 2024.
This above is an advertisement by Utip
Why is
Bitcoin going down and closing at four-month lows? According to experts, the
decline is linked to market volatility triggered by an executive order signed
by President Donald Trump, which mandates the creation of a strategic
cryptocurrency reserve in the U.S., including Bitcoin.
Bitcoin Price Today Is
Going Down. Why?
As of today
(Monday), March 10, 2025, Bitcoin has been testing the $80,000 level for the
second consecutive day. While at the time of writing, its price is rebounding
3.4% to $83,455, it remains down nearly 3% on a 24-hour basis.
This
decline follows a sharp drop on Sunday, when BTC fell by over 6%, marking one
of the worst sessions of the year. It also recorded its lowest daily close
since November 2024, making it the weakest level in more than four months.
Why is Bitcoin dropping today? Source: Tradingview.com
While this
move initially sparked optimism, the lack of a bold commitment to purchase
significant amounts of Bitcoin—such as 100,000 or 200,000 coins—left investors
underwhelmed. Prices slid as traders expressed disappointment over what they
perceived as a conservative approach.
Bitcoin Holds (Again) at
$80K – BTC/USDT Technical Analysis
My
technical analysis suggests that the $80,000 level is a critical support for
buyers, having successfully halted declines for the second time in the past two
weeks. After four consecutive days of BTC depreciation, this level has
triggered a reversal and a corrective rebound of over $3,000.
However,
BTC/USDT remains under bearish pressure, far from the consolidation near its
all-time high (ATH) that was observed between November and late February. In my
view, a break above the $90,000–$92,000 zone, which marks the lower boundary of
that consolidation range, would signal that bulls have regained full control.
If the $80K
support fails, the next target would be the October highs around $72,000.
However, I see a more significant support level at the September and early
November peaks, near $67,000. In my opinion, this is the ultimate line in the
sand that will determine whether bulls or bears take dominance in the market.
Bitcoin Price Drops in “Textbook
Correction”
Beyond
policy announcements, Bitcoin’s price action reflects broader market dynamics.
Analysts at 10x Research described this as a “textbook correction,” pointing
out that roughly 70% of the selling pressure came from investors who entered
the market within the last three months. This wave of panic selling by newer
participants has amplified the decline.
Arthur
Hayes, co-founder of BitMEX and CIO of Maelstrom, warned that Bitcoin could
soon retest the $78,000 level. “If that support fails, $75,000 is next,” he
posted on X, highlighting significant open interest in Bitcoin options at the
$70,000 to $75,000 range. A drop to these levels, he cautioned, could trigger a
“violent” sell-off as derivatives traders adjust their positions.
The crypto
market doesn’t operate in a vacuum, and macroeconomic factors are also at play.
This week, the U.S. is set to release two critical inflation reports that could
sway Federal Reserve policy. Persistent inflation might prompt tighter monetary
measures, potentially dampening risk assets like Bitcoin.
Meanwhile,
trade tensions are heating up, with Canada imposing retaliatory tariffs in
response to U.S. policies under Trump. Mark Carney, Canada’s newly elected
Liberal Party leader and former central banker, vowed to challenge American
trade moves, adding uncertainty to global markets.
Bitcoin News and Price,
FAQ
Why Is Bitcoin Falling
Now?
Bitcoin’s
recent price drop is mainly linked to market reactions following President
Donald Trump’s executive order to establish a U.S. strategic Bitcoin reserve.
Instead of committing to large-scale government purchases of Bitcoin, the
reserve will be funded using assets seized in criminal and civil forfeiture
cases.
Will BTC Rise Again?
The future
trajectory of Bitcoin remains uncertain and is influenced by multiple factors,
including government policies, investor sentiment, and broader economic
conditions. While some analysts believe Bitcoin will recover in the long term
due to increasing institutional adoption and its role as a store of value,
others warn that without strong buying pressure, Bitcoin may remain under
bearish influence. A key resistance level to watch is the $90,000–$92,000
range, which could signal a return to bullish momentum. On the downside, if the
$80,000 support level fails, Bitcoin could test lower levels around $75,000 or
even $70,000.
What If You Invested
$1,000 in Bitcoin 10 Years Ago?
If you had
invested $1,000 in Bitcoin ten years ago, in March 2015, your investment would
have significantly increased in value. At that time, Bitcoin’s price ranged
from approximately $177 to $465, with an average of about $300. A $1,000
investment would have bought around 3.33 BTC. At the current price of about
$82,308 per Bitcoin, that investment would now be worth approximately $274,000.
This highlights Bitcoin’s historical potential for high returns despite its
volatility.
Is Bitcoin Going Down
Because of Trump?
Yes, to
some extent. The recent drop in Bitcoin’s price has been partially attributed
to investor disappointment over President Trump’s executive order regarding a
strategic Bitcoin reserve. While the order initially sparked optimism, the lack
of a bold commitment to purchasing significant amounts of Bitcoin left traders
underwhelmed. This led to selling pressure and price declines. However,
Bitcoin’s movement is also influenced by broader market dynamics, such as
profit-taking, macroeconomic concerns, and technical levels being tested in the
market.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
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In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
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We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
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We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
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🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
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You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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