Bitcoin is trading near $80.5K after a rebound failed at resistance, and the short-term structure stays bearish. Buyers defend the $80K region, but a liquidation cluster sits below recent lows.
Bitcoin is hovering near $80.5K after its latest rebound failed to hold above resistance. Buyers are defending the $80K region, while substantial liquidation exposure sits below recent lows.
Daily chart shows a rejection near $84K–$85K
On the daily timeframe, Bitcoin's recovery toward $84K–$85K met a sharp rejection and renewed selling. The candles since have formed lower highs and pushed the price toward the ascending channel's midpoint around $79.5K–$80K. A recent lower wick shows buying interest beneath this trendline, but the rebound has lacked sustained follow-through.
Holding the midpoint could allow another recovery attempt, but buyers first need to reclaim the $81K–$82K area before challenging resistance around $84K–$85K. The broader $85.5K–$90.5K supply zone remains the main obstacle to restoring the daily bullish trend.
Sustained acceptance beneath $79K–$80K, however, would weaken the channel's internal support and favor a deeper correction toward the $75K–$78K demand zone. That region contains the base of September's advance.
Four-hour chart points to a bearish continuation
The 4-hour chart shows Bitcoin breaking below its ascending support trendline after a failed breakout above the $84K–$84.4K resistance zone. BTC now trades inside the $80.1K–$81.3K demand zone. A recent sweep toward $79.2K attracted buyers, but the recovery stalled around $81K.
The bearish continuation scenario remains favored while Bitcoin stays beneath the $81.2K–$81.5K resistance confluence. A decisive loss of $80K, followed by a break below $79.2K, could extend the decline toward $78K and the deeper $75K–$76.3K demand zone. Reclaiming the trendline and holding above $81.5K would instead ease immediate pressure and support a recovery toward $82.5K–$84K.
Liquidation map flags $78.5K–$79K
The two-week Binance BTC/USDT liquidation heatmap shows a prominent estimated cluster around $78.5K–$79K, beneath the recent price lows. If the price loses $80K and breaks the $79.2K low, long liquidations could amplify selling as BTC approaches that cluster. Liquidation exposure does not guarantee support.
Above the price, a substantial cluster remains around $85K–$85.7K, with a nearer band around $82K–$82.5K.
Source: CryptoPotato
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