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Bitcoin Price Analysis: How Far Could BTC Crash if $80K Support Breaks?

Bitcoin Price Analysis: How Far Could BTC Crash if $80K Support Breaks?

Photo: CryptoPotato

Bitcoin has returned toward $80K after another recovery failed to gain traction. With short-term trendline support already lost and large spot orders remaining prominent, the price faces an important test of demand beneath recent lows. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin continues to form lower highs following its rejection from the $85.5K–$90.5K supply zone. The latest rebound stalled around $81.5K–$82K before a bearish candle pushed the price back toward $80K and the ascending channel’s midpoint. Repeated tests of this trendline have yet to produce a sustained recovery.

Source: CryptoPotato

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