Bitcoin Price Analysis: $80K Battle Rages On as BTC’s Next Targets Come Into Focus
Photo: CryptoPotato
Bitcoin is trading around $79.7K after a sharp rebound from the $75K region stalled near $80K. The rejection keeps BTC within a short-term corrective structure, with the price now caught between a key demand zone below and overhead resistance that buyers have repeatedly failed to clear. Meanwhile, the Adjusted SOPR is sliding back toward its key 1 threshold, suggesting that profit realization across the network is fading. Bitcoin Price Analysis: The Daily Chart Bitcoin continues to trade within the ascending channel that has defined its recovery from the June lows near $58K.
Source: CryptoPotato
