Bitcoin drops nearly 10%, eyes $80,000 as key supports and resistances emerge
Bitcoin fell nearly 10% after losing the $86,500 area and is nearing the $80,000 support. According to an hourly BTC/USD analysis (data feed from Kraken), resistance sits at $82,000–$83,200, while supports align at $81,000, $80,500, and $80,000. A move above $83,200 could open $85,000–$85,700; failure risks $77,000 and $75,000.