What’s Behind Bitcoin’s Price Drop Today?

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Bitcoin may drop below $80,000 in the coming weeks due to a potential head-and-shoulders pattern formation, as well as other catalysts.

Bitcoin has dropped by over 3% below $91,000 on Jan. 13, mirroring declines across the riskier assets as traders trimmed their bets on the Federal Reserve interest rate cuts in 2025.

Strong US payroll data pushes Bitcoin lower


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