Bitcoin Price Outlook as $50B Volume Falls 40% While BTC Retests $83K and Eyes $80.5K Support

Bitcoin is trading near $83,000 after a sharp slide to about $81,000 earlier in the week, with 24-hour volume around $50 billion, down nearly 40%. Key support sits near $80,500, while resistance has shifted to the $86,400–$90,400 area, leaving BTC in a downward channel and a corrective phase. A daily close above $90,400 could point to a recovery, but failure to hold $80,500 may expose the $76,400 zone.