Bitcoin Price Plummets to $82K

This is a news story, published by CoinGape, that relates primarily to Keltner Channel news.

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Bitcoin Price Falling Today

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Business & Economics

Bitcoin Miners Accumulate $820M BTC 14-days as Trump's Tariffs Spark Bond-yield Hike in Japan and Germany

Summary

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76% Informative

Bitcoin price tumbled to $ 82,220 on Sunday, March 9 , marking an 15% decline from last week’s $ 95,000 peak.

Retail traders are exiting risk assets amid tariff-induced inflation, while miners accumulated $900M in BTC over 14 days .

Miners’ accumulation hints at confidence in future upside, preventing excess supply from entering market despite negative short-term sentiment.

Bitcoin price forecast remains bearish as technical indicators suggest increasing downside pressure, with a potential below $ 80 K before the next major move.

Volume data suggests sellers are dominating, with the latest leg of the downtrend marked by 123.68 K BTC in trade volume.

A bullish scenario would require BTC to reclaim $ 87,678 and break above the upper Keltner Channel boundary at $ 94,901 .

A breach below this level could accelerate BTC ’s decline toward the next psychological support at $ 78,000 .

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