Bitcoin Price Analysis: BTC Clings to $80K Support – Is a Deeper Correction Looming?
Photo: CryptoPotato
Bitcoin is trading above $80K after another rejection from the $87K supply zone, which has put the mid-channel support under pressure. The pullback leaves the market testing whether the broader recovery structure can hold or whether a deeper correction is developing. Meanwhile, the declining miner reserve suggests that supply pressure from miners has not fully eased. Bitcoin Price Analysis: The Daily Chart Bitcoin continues to trade within a broad ascending channel that has guided the recovery since the June lows.
Source: CryptoPotato
