Bitcoin Faces Critical Support Levels Amid Bearish Momentum Bitcoin's price has fallen significantly, hitting $83,700 on March 12 after a low of $76,600 on March 11. Weak demand, ETF outflows, and macroeconomic concerns have pressured the cryptocurrency. Analysts warn that a failure to hold above $75,000 could lead to further declines, while some hope for a rebound in coming weeks.123